Real Estate Update: A Return to Pre-Pandemic Market Conditions

The Huntsville Area Association of Realtors’ (HAAR) report for the month of July has been released. These figures suggest that the reverberations of the pandemic disruptions to the residential real estate market have largely settled out.  802 homes sold in Madison County last month, down from 930 sold in July of 2021, and even a […]

The Beach Company Announces New Commercial Tenant for The Range

Charleston, S.C.-based The Beach Company recently announced that it has signed its second commercial tenant at The Range in the past month. The Range is a new three-story office building at the western gateway into Huntsville on Governors Drive. EyeCare Partners, which encompasses an integrated partnership of optometry and ophthalmology clinics and surgery centers providing a full spectrum […]

City of Huntsville Secures Federal RAISE Grant For Pedestrian Access Project

Thanks to a massive infusion of $20 million in federal grant funding, the City of Huntsville can now check off another of its long-desired goals: creating a more walkable city. An added bonus: the grant will provide an economic boost to low-income communities. While the pedestrian access and redevelopment corridor (PARC) project has been on […]

Real Estate Update: Quarter 2 Report Shows High Demand, High Inflation. High Hopes as Well?

The Huntsville Area Association of Realtors has released its Q2 report for the year of 2022. This report illustrates continuing trends in the price, inventory, and average sale time of residential real estate properties in Madison County. The overall inventory of homes for sale rose 125% in Q2 2022, with the lion’s share of those […]

Imagining Huntsville’s Future: The City of the Stars

A claim, put forward by Yahoo Finance in April and further analyzed on AL.com last month, suggested that the average price of a home in Huntsville could reach a million dollars by 2030.  Seems a bit steep, doesn’t it?  And yet, this future may not be as outlandish as it appears at first glance. Gabrielle […]

334 unit Huntsville apartments acquired by Nashville firm

HUNTSVILLE, AL – Freeman Webb Company of Nashville, Tennessee, a full-service real estate investment and management firm, recently took over Gravity at 255 Apartment Homes in the Huntsville area from Lurin Capital with the transition facilitated by Craig Hey and Andrew Brown with Cushman & Wakefield. The 334-unit apartment complex is Freeman Webb’s seventh property […]

Real Estate Update: High Inflation Hits Market

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 […]

City Council clears path for demolition of Butler Terrace Addition

Plans for the revitalization of the vacated Butler Terrace Addition, which sits just west of Lowe Mill ARTS and Entertainment, are moving forward. The Huntsville City Council approved a resolution authorizing Mayor Tommy Battle to enter into a Memorandum of Agreement with the Huntsville Housing Authority (HHA) for the demolition of buildings at the site […]

Madison senior living development reaches second phase

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 […]

Real Estate Update: Housing Inventory Doubles for Madison County

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 […]