The Huntsville Area Association of Realtors (HAAR), in partnership with the UAH College of Business, has released its Q3 Economic Report for 2023, which covers the Huntsville-Madison County real estate market. Of the statistics compiled by the Report, one of the most significant is the housing inventory. Inventory has risen 20% compared to Q3 2022, […]
Finance and expensive developments were once again on the docket during the Huntsville City Council’s regularly scheduled meeting last Thursday. On November 9, the Council heard a cash investment update from Finance Director Penny Smith and approved amendments to the $325 million dollar mixed-use development on the site of the former Coca Cola bottling plant. […]
HUNTSVILLE, AL – The City of Huntsville and the Huntsville Housing Authority are once again inviting the public to learn about the proposed redevelopment of Butler Terrace and Johnson Towers, referred to as the Mill Creek project. A neighborhood and resident meeting will be 6-7:30 p.m. Wednesday, Nov. 8, at the Boys & Girls Club, 125 […]
Residents of North Huntsville’s historic Edmonton Heights neighborhood gathered together with historians and city officials to unveil a new historic marker at the corner of Meridian Street and Wilkenson Drive. The U.S. National Register of Historic Places listed the neighborhood in 2021, the first historically-Black neighborhood in Huntsville to be so distinguished. The neighborhood, first […]
Housing affordability continues to be a major concern across the United States. ATTOM Data Solution’s Q3 2023 US Home Affordability Report shows that median single-family and condo unit prices in Q3 were less affordable than historic averages in 99% of counties nationwide. Moreover, with interest rates hovering around 8%, ‘major home expenses’ now take up […]
HUNTSVILLE, AL – Hays Farm helped cap off a beautiful fall in Huntsville with a milestone event for the development of South Huntsville. On Wednesday of last week, Hays Farm Homes celebrated the grand opening of their new model home with a ribbon-cutting ceremony. Mayor Tommy Battle, along with the three Hays brothers, Jeff, John, […]
A series of important public meetings held over the past week were led by the City of Huntsville to address the affordable housing need and important developments around Governors Drive in Huntsville. Through a series of three meetings, the City of Huntsville, in partnership with Urban Strategies, Inc., helped public information sessions that hoped to […]
The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the month of September. The study shows that the average sales price for single family homes decreased from $371,000 to $370,000. However, the median figure for single family homes decreased down to $304,000, which is considerably lower than the national median of […]
The Huntsville Area Association of Realtors (HAAR) has released statistics for the Huntsville/Madison County market that shows that our local real estate market is defying national trends in terms of pending sales. Nationally, pending sales have been dropping. According to the National Association of Realtors (NAR), pending home sales have declined by an average of […]
It’s no secret that Huntsville’s downtown is a thriving area for work, living, and leisure; recent years have shown promising growth in each of those capacities, continuing to add residential and visitor appeal to the immediate area and the city as a whole. According to Rob Buddo, President and CEO of Downtown Huntsville, Inc., an […]
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