HAAR April monthly report indicates strong demand

The Huntsville Area Association of Realtors (HAAR) has released their monthly report for the month of April.  This report shows heightened market activity across the ValleyMLS region, which covers the North Alabama counties of Madison, Morgan, Lawrence, Limestone, DeKalb, Etowah, Cherokee, Jackson, and Marshall.  The most dramatic figures from the report centered around new listings, […]

National Association of Realtors updates Multiple Listing Service rules

The National Association of Realtors (NAR) has announced that rule changes to Realtor-affiliated Multiple Listing Service (MLS) are to be implemented by August 17.  These rule changes are a part of a $418 million settlement, the final hearing of which is slated for November.  The NAR also updated its extensive FAQ page, in order to […]

National Builder Group company launches into Huntsville market offering affordable luxury homes

HUNTSVILLE, AL – Maplewood Homes, a National Builder Group company, is making waves in the greater Huntsville area with its introduction of high-quality, affordable homes. According to Jeff Hinojosa, who spearheads Maplewood Homes, the main goal is to brings a fresh perspective to homebuilding. “Whether it’s a growing family, a career change, or simply a […]

Why is HSV the top spot for young people and families?

One of the key drivers to Huntsville’s recent success in being named the best city to live in the US has been attracting young people to relocate to Huntsville. Huntsville has historically made the list of best places to raise a family, but to continue to grow as a city, it had to find ways […]

Housing permits in Huntsville Metro Area outpace national trend

In defiance of national trends, housing permits in the Huntsville Metropolitan Area surged to the highest they have been in a decade. Nearly 6000 new permits were issued in the metro in 2023, according to Carmen Rogobete, Communications Strategist with Point2. This reflects a 47% increase in permits issued over 2022.   The jump in permitting […]

Huntsville Area Association of Realtors’ March report shows dip in homes sold

The Huntsville Area Association of Realtors (HAAR) has released its monthly report for March 2024.  The total number of homes sold in Huntsville/Madison County declined from the previous year, down to 536 from 651 in March 2023.  Madison County saw 1107 pending sales in March, which is up from 1049 the previous year. At the […]

Essex Capital breaks ground on $220M downtown HSV Front Row project

On Tuesday, April 16, downtown Huntsville played host to yet another groundbreaking.  Huntsville’s latest development, Front Row, will total somewhere around 900,000 square feet with 545 rental apartments, 47,000 feet of curated retail food and beverage space, and 6,000 feet of new downtown office space. The project is located directly across from the Mars Music […]

City of Huntsville approves two projects to address homelessness and housing insecurity

In a response to the pressing issue of homelessness, the Huntsville City Council has approved two significant initiatives aimed at providing safe, affordable housing and critical support services to vulnerable populations within the community. The first initiative involves the approval of a project to construct a 42-unit multi-family development on Venona Avenue, utilizing funds partially […]

Where are interest rates headed for the Rocket City?

With interest rates hitting a two-decade high, many consumers across the Huntsville area wonder where rates are headed for the rest of 2024 and into 2025. Higher interest rates, along with higher prices have affected housing affordability where the median household income can no longer afford the median priced home in the Tennessee Valley. In […]

Real Estate Update: Alabama housing market primed for Spring sales

The Alabama Association of Realtors (AAR) released its Economic and Real Estate Report for February of 2024.  Home sales across the state numbered 4,710 for the month of February. This not only marks a 0.5% increase from January, but it also bucks the historical trend of housing sales lagging in February. An increase in sales […]