Expanding horizons: how Huntsville’s key commercial real estate developments will reshape the city in 2025

It’s no secret that Huntsville has seen an incredible amount of growth and development over the last several years. With this in mind, the question now is: how are developers and city planners sustaining all of this momentum in 2025 and beyond? To get an idea of what the city’s commercial real estate development forecast […]

Real Estate Update: NAR economists cautiously optimistic for 2025

The National Association of Realtors (NAR) hosted its annual Forecast Summit, with NAR Chief Economist Lawrence Yun heading the online panel and presentation. The first point to take from the discussion is that experts believe mortgage rates will hover around the same level as they are currently throughout 2025. Yun cited the national deficit as […]

Huntsville real estate poised for growth in 2025

As we approach 2025, there’s plenty to be optimistic about in the Huntsville area, especially in terms of the local economy and real estate market. Several factors suggest that home prices could see significant growth in the coming year, with both national and local trends aligning to create a favorable environment for sellers and potential […]

Real estate reports show South leads nation in NAR migration report

A new study released by the National Association of Realtors (NAR) shows that 46% of homebuyers who relocated in 2024 relocated to the South.  The next most popular region for relocating homebuyers was the West, at 25%.  30% of relocating homebuyers cited a desire to be closer to family and friends as the leading reason […]

Real Estate Update: Recent report shows seasonal slowdown

The Alabama Association of Realtors released its October 2024 Alabama Economic and Real Estate Report.  The report indicated a slowdown in real estate sales across the state, which the report attributed to a combination of high interest rates, which spiked up to 6.72% by late October, and seasonal slowdown typical for fall.  Alabama recorded 4,880 […]

Real Estate Update: NAR projects increased sales, inventory for 2025

National Association of Realtors Chief Economist Lawrence Yun, speaking alongside NAR Deputy Chief Economist Jessica Lautz, discussed projections for the real estate market in 2025 at an NAR event at Boston. “We’ve seen after presidential elections—and it doesn’t matter who wins—that there’s usually a slight boost in home sales,” Yun said. “It removes some uncertainty. […]

Huntsville advances Mill Creek redevelopment with HUD grant acceptance and key agreements

The City of Huntsville is progressing with its Mill Creek redevelopment, highlighted by the formal acceptance of a $50 million Choice Neighborhood Implementation (CNI) Grant from the U.S. Department of Housing and Urban Development (HUD). Announced in July, this funding will help catalyze the $350 million investment aimed at transforming the area west of Memorial […]

Real estate update: Sales uptick both nationally and locally

The September monthly report from the National Association of Realtors showed a jump of 7.4% in pending sales compared to August, with a 2.6% year-over-year increase in contract signings in September.  NAR Chief Economist Chief Economist Lawrence Yun weighed in on these developments, attributing the rise to “the combination of lower mortgage rates in late […]

Mortgage Rates surge as jobs report exceeds expectations, inventory grows in HSV market

The average 30-year fixed rate mortgage rate jumped an incredible 27 basis points Friday morning, following the release of a Labor Department report.  The report showed that the U.S. economy added many more jobs in the month of September, 2024 than had been anticipated, with unemployment falling to 4.1%.  This report is expected to convince […]

Matt Curtis Real Estate welcomes back top agent Melissa Hotz

Matt Curtis Real Estate has announced the return of Melissa Hotz, a seasoned real estate agent with nearly a decade of experience in the North Alabama market. Hotz has successfully sold over 500 homes during her career with the firm. “We’re excited to welcome Melissa back to the Matt Curtis Real Estate team,” said Matt […]