The Huntsville Area Association of Realtors’ (HAAR) Economic Report for Q1 2022 illustrates the rapid inflation that has hit all aspects of American economic life. The rate of inflation hit 8% in March, a four-fold increase since that month the previous year. With the 8% inflation rate far outstripping the approximately 2% increase in median […]
The genesis of Huntsville’s master plan came during Mayor Tommy Battle’s second term in 2014 when the city was the third largest in Alabama. In 2018, the mayor’s office unveiled The BIG Picture master plan at a time when the city had grown into the state’s second largest. Four years later, with Huntsville now the […]
A financial tool used to provide millions of dollars toward school improvements and job creation will retire in August, two years ahead of projection and nine years before its required closing. On Wednesday, Huntsville Mayor Tommy Battle announced that the City of Huntsville will soon make its last bond payment to close a tax increment […]
It has been years since the building at 409 Madison Street has been occupied and operational. Located directly across the street from the Early Works Museum, one of Huntsville’s long-time local favorites, and directly in the heart of downtown HSV, the what was formerly a Wells Fargo building has sat vacant in what many Huntsville […]
MADISON, AL – Capstone Building Corp., a premier general contractor based in Birmingham, Alabama, along with Pennrose-BLOC, LLC, a collaboration of Pennrose, LLC and BLOC Global Development Group, LLC, has recently announced the completion of Stoneridge Villas Phase II. This $10.5 million phase is an affordable apartment community for adults 55 and over, conveniently located […]
On the surface, the economy of the last two years has been extremely favorable to workers. After spiking to nearly 15% early in the COVID-19 pandemic, the unemployment rate today sits around 3.6%. Despite employers’ urgency to hire, labor force participation has been slower to recover, and the “Great Resignation” has workers quitting at historic […]
The past couple of years have changed the local business landscape, with many small business owners shuttering their businesses for various reasons. It goes without saying that running a small business is not a job for the faint of heart given the long hours, challenges requiring a large toolbox of business skills, and unexpected expenses. […]
The Huntsville Area Association of Realtors has released real estate statistics for the month of June. In tandem with Realtor.com’s recent survey of the national market, these latest reports confirm that, with the pandemic conditions mitigated and new sellers entering the market, the inventory of single-family homes listed for sale in Madison County has more […]
Less than two years ago, as Huntsville’s population began to mushroom, the city didn’t have the structures to handle the business growth that came with it. That’s changed along with the number of residents that continues to rise, making Huntsville the largest city in the state. Recently, the city was named No. 1 as the […]
The U.S. Small Business Administration (SBA) Region IV Administrator, Allen Thomas, in his commitment to support small businesses manufacturing goods and products “Made in America”, recently surveyed the 9 SBA districts in the Southeast United States to determine and recognize firms creating impact through manufacturing efforts in their local communities. “Manufacturing businesses create great jobs […]
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