The big news in the real estate market this week has been the slight uptick in the average rate of a 30-year fixed rate mortgage. According to Freddie Mac, the mortgage rates had been steadily declining for five weeks prior to the week ending December 29, 2022. This led to a drop of three-fourths of […]
2022 was a year marked with a sharp, shocking rise in inflation and then interest rates, which reverberated throughout the real estate market. Despite these events, and the subsequent slowdown of the housing market, the prognosis for Huntsville’s real estate market for 2023 is surprisingly positive. As reported earlier this month, the National Association of […]
The American workforce has changed dramatically in the past 50 years, though for many, wages have remained the same or even shrunk. Union participation has declined steeply alongside a decrease in employee benefits and retirement packages. The educational requirements for many jobs have increased, while other segments of the market have disappeared entirely, like video […]
Weekly statistics for the Huntsville/Madison County residential real estate market, compiled by the Huntsville Area Association of Realtors (HAAR), continues to show a trend of general slowdown. The report, accurate as to December 10, 2022, shows that both new listings and pending sales for single-family units continued to decrease, with listings down 27% and pending […]
The Huntsville Area Association of Realtors (HAAR) has released its report on the state of the region’s real estate market for the month of November. The immediate takeaway is that the effects of the interest shock are continuing to work their way through the market. While the inventory of both single-family units and townhouse/condos have […]
Over 300 community leaders gathered in the Von Braun Center’s East Hall on Thursday, December 8th for the annual Redstone Arsenal update. The Huntsville/Madison County Chamber of Commerce hosts this event every year to help the community get “a glimpse behind the curtain” of the economic engine that powers roughly half of the Huntsville metro […]
The National Association of Realtors (NAR) has compiled a list of the top ten real estate markets that bear watching for the upcoming year. The ranking was unveiled at the NAR’s fourth annual year-end Real Estate Forecast Summit. All ten metropolitan areas on the list are located within the South. These markets were selected due […]
When starting a business, navigating those initial big decisions lay the foundation for whether the business will truly be put to the test and have the opportunity to thrive. In Huntsville, local and small business growth is rampant and still on the rise, which has landed it in the sights of business owners and cooperations […]
HUNTSVILLE, AL – C-StoreMaster officially opened its brand new 130,000-square-foot automated warehouse on Thursday. The national distributor of convenience store products has been based in Huntsville since its creation in 2015. For a company that’s not even a decade old yet, its efforts have been widely recognized throughout the state. Alabama Governor Kay Ivey even […]
Innovate Alabama recently established the Council on Outdoor Recreation to advise its board of directors on strategies to achieve three primary goals: expanding Alabama’s outdoor recreation industry, enhancing the state’s attractiveness for a skilled workforce, and yielding substantial returns for both rural and urban communities for the enjoyment of current and future Alabamians. The Council […]
Advertise
Submit Your News
Distribution
EVENT Publishing
Huntsville Business Journal
600 Boulevard South #104
Huntsville, AL 35802
(256) 533-8078
Publisher:
todd@huntsvillebusinessjournal.com
Send Us Your News:
editor@huntsvillebusinessjournal.com
