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 […]
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 […]
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, 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 […]
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 […]
Despite many economic experts’ worst fears early in the COVID-19 pandemic, state and local government budgets have proven resilient over the last two years. With much of the economy shut down or hobbled as a result of the pandemic, forecasters initially worried that states and localities would collect substantially lower amounts of sales and income […]
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 […]
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 […]
HUNTSVILLE, AL – Rocket Development Partners, a joint venture of Essex Capital and Ascend Property Group, announces today the name and first official rendering of its groundbreaking, new mixed-use district – Front Row. Front Row, an 11-acre project, is set to deliver an incomparable mix of residential, retail, and office spaces, entertainment, and community to […]
Joe Jackson sits on a short retaining wall strumming his guitar and singing softly as passersby go in and out of a local store, a derby-like hat bottom-side up a few yards in front of him gathering donations. He says he’d retired from the military and an engineering job, once toured the U.S. and Europe […]
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