13.5% of Huntsville Purchase Loans are for investment properties, 11th most in U.S.

In the heated residential real estate market of the last two years, one factor contributing to fierce competition and rising prices has been real estate investors. While many prospective homebuyers were drawn into the market with historically low interest rates and strong savings and investment returns, they have frequently found themselves outbid by corporate landlords […]

USTA Clay Court Nationals latest event to economically impact city

The United States Tennis Association (UTSA) is bringing in 224 young players this week for the 16-Under girls Clay Court Nationals. Those players, and their families, will also bring a financial windfall for the city. According to Joel Lamp of the Huntsville-Madison County Convention and Visitors Bureau (CVB) the tournament from July 10-17 will have […]

Rent or Buy? A look into Huntsville’s housing market

Is it still cheaper to buy a house than it is to rent in Huntsville? A recent study from California based ATTOM Data Solutions found that while Madison County is included in the 58% of counties where it’s more affordable to buy a home, the gap between owning and renting is smaller than ever and […]

Lockheed Martin Breaks Ground on New Missile System Integration Lab

On Monday, Lockheed Martin officially broke ground on its Missile System Integration Lab (MSIL) at its Huntsville campus. This building, slated to open in Q3 of 2023, will support development, testing, and integration for the Next Generation Interceptor (NGI) program.  The $16.5 million facility, designed by Goodwyn Mills Cawood and to be built by Doster […]

Where Huntsville ranks among metros most dependent on small businesses

Small businesses are the heart of the U.S. economy. Small businesses represent 99.9% of all businesses in the U.S., collectively employing nearly half of all U.S. employees and generating nearly half of U.S. annual GDP, according to data from the U.S. Small Business Administration. But the past two years have been treacherous for many small […]

Dip in housing sales suggest relief for buyers, renters

Back in May, for the first time in five years, residential sales in Huntsville dipped. According to the University of Alabama’s Culver College of Business, sales of residential units slowed by 4.4% compared to the first quarter of 2021.  While housing sales – and prices – have been soaring nationwide, Huntsville has been in a […]

Huntsville to host public finale of Alabama Launchpad Cycle 2 2022 Competition

Alabama Launchpad, a program of the Economic Development Partnership of Alabama (EDPA), is proud to announce that its Launch Advisors have selected eleven finalists to participate in the Cycle 2 2022 competition. These companies will compete for a combined $75,000 at a public finale in Huntsville, Alabama on August 30.  Alabama Launchpad has finalists in […]

Horizon Sets New Broadband Possibilities in Ohio with Adtran

HUNTSVILLE, AL – Adtran, Inc., (NASDAQ: ADTN), headquartered in the Rocket City, recently announced Horizon has selected the Adtran 10G fiber access platform and intelligent SaaS software to build a new fiber network throughout several communities in Ohio. Horizon is leveraging the Adtran end-to-end broadband solution to expand its service footprint, proactively monitor its growing network and bring high-quality symmetrical broadband to rural communities. […]

Vector Community Scholars Fund Awards $80,000 to Local Students

Huntsville, AL – Eight local high school seniors were each awarded a $10,000 scholarship during the annual Vector Wealth Strategies (VWS) Community Scholars Fund Scholarship Banquet Tuesday, May 10 at The Ledges in Huntsville. This year’s scholarship recipients are Aparna Bhooshanan, Emma Colavita, Anna Grider, Noah Gurley, Lauren Hoffarth, Javon Jennings, Jeremiah McDow and Trinity […]