The Huntsville Area Association of Realtors (HAAR) has released its monthly figures for December of 2022. The report caps off a year defined by the rapid deceleration of the market via inflation and interest rate hikes. Nationally, pending sales have dropped by 37.8% from December of 2021, as reported by the National Association of Realtors […]
The Women’s Foundation of Alabama, the state’s only philanthropic organization focused on the economic advancement of women, announced the growth of its leadership by appointing LaShundra Pinkard as Chief Operating Officer. A key member of the executive management team, Pinkard will partner with the CEO to lead forward-thinking operational strategy and optimize performance across the […]
Building off the tremendous success of the first program, Launch2035 is thrilled to announce the second annual Singing River Trail Launch Tank. Applicants with big ideas, community solutions, and emerging business endeavors may apply online now. The finale event, which is open to the public, will take place on March 20, 2023 at Athens State […]
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 […]
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