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Real Estate Update: Local Inventory Increase Mirrors National Trend

December 5, 2022/in Lead, Community Development, Economy, Featured, Housing, News, Real Estate, Resource/by Marie Johnson

Inventory of residential real estate units continues to climb from its nadir of last year, both nationally and here in Huntsville.  Reporting from the University of Alabama’s Center for Real Estate tracks real estate inventory listed for sale in the Huntsville area dating back to October 2012. From a peak of 3,192 in October of […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/07/Real-Estate-Update_-High-Inflation-Hits-Market.jpg 316 833 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2022-12-05 08:57:112022-12-05 08:57:43Real Estate Update: Local Inventory Increase Mirrors National Trend

Mayor Battle Highlights Growing Path Forward in “State of the City” Address

December 2, 2022/in Lead, Community Development, Economy, Events, Featured, Government, News, People, Success/by Noah Logan

The excitement in the air was evident at Mayor Tommy Battle’s “State of the City” address on Tuesday. Around 1,400 community and business leaders filled the Von Braun Center (the most ever for a chamber event according to Battle) to hear what the mayor had to say and to celebrate many of Huntsville’s latest achievements.  […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/12/Mayor-Battle-Highlights-Growing-Path-Forward-in-State-of-the-City-Address-1.jpg 316 833 Noah Logan https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Noah Logan2022-12-02 07:00:252022-12-01 19:36:17Mayor Battle Highlights Growing Path Forward in “State of the City” Address

Real Estate Update: Home Ownership Up Despite Inflation

November 30, 2022/in Lead, Community Development, Economy, Featured, Housing, News, Real Estate, Resource/by Marie Johnson

According to Federal Reserve Economic Data (FRED), the national rate of homeownership across the United States saw a slight uptick in Q3 2022. The percentage of owner-occupied homes rose 0.6 points relative to Q3 2021, to a total of 66%. This increase occurred despite the inflation and mortgage rate shocks that jolted the market this […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/07/Real-Estate-Update_-High-Inflation-Hits-Market.jpg 316 833 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2022-11-30 08:00:162022-11-29 10:43:24Real Estate Update: Home Ownership Up Despite Inflation

City Council Passes Police, Fire Incentives; HPD Chief Vote Delayed

November 21, 2022/in Featured, Community Development, Development, Economy, Government, News, People/by Mike Easterling

HUNTSVILLE, AL – With applications for positions with the police and fire departments dropping, the Huntsville City Council approved an ordinance to raise the minimum hiring rate of cadet pay upon completion of training and to step–raise those already employed. The measure passed at the council’s regular meeting Thursday, Nov. 17. In addition to a […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/11/City-Council-Passes-Police-Fire-Incentives-HPD-Chief-Vote-Delayed.jpg 316 833 Mike Easterling https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Mike Easterling2022-11-21 10:00:342022-11-21 08:46:18City Council Passes Police, Fire Incentives; HPD Chief Vote Delayed

Real Estate Update: October Statistics Released

November 18, 2022/in Lead, Community Development, Economy, Featured, Housing, News, Real Estate, Resource/by Marie Johnson

The Huntsville Area Association of Realtors (HAAR) has released their monthly statistics for the month of October, 2022.  At a total of 630 residential units sold in Madison County, down from 825 in October the previous year, the slowdown is shown in stark relief. Houses stay on the market for an average of 14 days, […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/07/Real-Estate-Update_-High-Inflation-Hits-Market.jpg 316 833 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2022-11-18 07:30:142022-11-17 20:13:06Real Estate Update: October Statistics Released

Understanding Key Differences in Banks vs Credit Unions

November 18, 2022/in Lead, Banking, Community Development, Economy, Featured, Finance, News, Resource, Small Business/by Noah Logan

As a business owner, it’s imperative to have a financial account to manage your business-related income and expenses that is separate from your personal account. Some business owners choose the same institution where they manage their personal finances, but it’s important to explore all options and this includes the various Huntsville city credit unions.  Before […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/11/Understanding-Key-Differences-in-Banks-vs-Credit-Unions-1.jpg 316 833 Noah Logan https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Noah Logan2022-11-18 07:00:302022-12-13 10:47:10Understanding Key Differences in Banks vs Credit Unions

Para-cycling Returning to City with Larger Event

November 17, 2022/in Featured, Community Development, Economy, Entertainment, Events, News, People, Recreation, Tourism, Travel/Leisure/by Mike Easterling

HUNTSVILLE, AL – After a successful two-year run hosting a Paralympic Games qualifier in 2020 and 2021, para-cycling is returning to the Rocket City next year. This time, though, the stakes are higher. More than 300 athletes from 30-40 countries will be here Memorial Day Weekend May 26-29 for the Para-cycling Road World Cup. The […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/11/Para-cycling-Returning-to-City-with-Larger-Event.jpg 316 833 Mike Easterling https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Mike Easterling2022-11-17 08:35:192022-11-17 08:37:41Para-cycling Returning to City with Larger Event

41% of Households in Alabama Can’t Afford Utility Bills Amid Inflation

November 16, 2022/in Lead, Community Development, Economy, Featured, Government, Housing, News, People, Utilities/by Ashlyn Grey

In a recent study done by LendingTree, the statistics firm found that 41.4% of households in Alabama say they have reduced or skipped necessities like food or medicine in order to afford their energy bill.  While gas prices have made headlines with high inflation and more and more commuters getting back on the road, consumers […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/11/41-of-Households-in-Alabama-Cant-Afford-Utility-Bills-Amid-Inflation.jpg 316 833 Ashlyn Grey https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Ashlyn Grey2022-11-16 14:00:082023-09-06 10:29:5541% of Households in Alabama Can’t Afford Utility Bills Amid Inflation

US Department of Labor Announces Nationwide Apprenticeship Expansion

November 15, 2022/in Lead, Community Development, Economy, Employment, Featured, Government, Manufacturing, News, Workforce Development/by staff reports

WASHINGTON D.C. – As the nation marks National Apprenticeship Week, the U.S. Department of Labor announced an initiative to expand its pre-apprenticeship opportunities for Job Corps students and connect them to Registered Apprenticeship programs. The effort will allow Job Corps campuses throughout the nation to emphasize pre-apprenticeship programs in green energy, health care, information technology and other […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/11/US-Department-of-Labor-Announces-Nationwide-Apprenticeship-Expansion.jpg 316 833 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2022-11-15 09:01:272022-11-15 09:17:19US Department of Labor Announces Nationwide Apprenticeship Expansion

Real Estate Update: Madison County Weekly Stats for October 29, 2022

November 11, 2022/in Lead, Community Development, Economy, Featured, Housing, News, Real Estate, Resource/by Marie Johnson

The numbers are in for Madison County’s residential real estate market, for the week ending October 29, 2022.  Much of the new inventory on the market is in townhouses and condos, which are typically more affordable than single-family units. In the month of September of this year, townhouse/condo units sold for, on average, $243K, compared […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/10/Real-Estate-Update_-Madison-County-Weekly-Update.jpg 316 833 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2022-11-11 08:45:032022-11-10 08:33:09Real Estate Update: Madison County Weekly Stats for October 29, 2022
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Huntsville Business Journal
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