Real Estate Update: Recent monthly stats show continued slump

The Huntsville Area Association of Realtors (HAAR) has released their monthly report for November of 2023.  The amount of inventory available in the Huntsville/Madison County Market has continued to grow, with a total of 1856 units available, up from 1631 in November 2022.  However, the average sales price has continued to rise, up to $375k […]

Real Estate Update: Insurance premiums a storm on the horizon

The real estate market has been buffeted by the twin perils of inflation and interest rates, with inventory issues further complicating matters.  Last week, experts sounded the alarm on another disrupting factor for the continued future: the rising cost of home insurance in a world of climate change.  At last week’s National Housing Conference’s affordable […]

Matt Curtis Real Estate achieves monumental milestone with 7,000 homes sold

This week, Matt Curtis Real Estate announced the significant achievement of surpassing 7,000 homes sold in the North Alabama Real Estate market.  With a reputation for innovation and providing 5-star service, Matt Curtis Real Estate has consistently demonstrated exceptional performance in the real estate market. The 7,000 homes sold milestone reflects the team’s dedication to […]

Five Points represents re-urbanization and revitalization of Downtown Huntsville districts

Five Points has seen an upsurge in events, reinvestment in older homes, and commercial growth as a result of a wave of intense re-urbanization to the area.  The area has changed dramatically over the years, but economic and real estate investment in the area has never been higher, prompting interesting questions as to the appeal […]

Sit Down With Success: A Conversation with Matt Curtis of Matt Curtis Real Estate

The Sit Down With Success is a monthly series provided by the Huntsville Business Journal that focuses on successful small businesses in the Huntsville/Madison County area and their keys to success. For this month, the Huntsville Business Journal sat down with Matt Curtis of Matt Curtis Real Estate.  Cover image provided by Steve Babin of […]

NAR says to expect 6% average for 2024 as mortgage rates decrease

The average 30-year fixed mortgage rate continued to decrease this week, with the current average at time of printing down from 7.61% to 7.41%.  As a result, demand for mortgages have begun creeping back upwards, with applications nationwide up 2% over the week. However, this still represents a 20% decrease from the same time last […]

Q3 Real Estate Economic Report Shows Inventory at Pre-Pandemic Levels

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, […]

City Council amends and reapproves $325M downtown development project

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. […]

City of Huntsville seeks further input on Mill Creek Development with public meeting

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 […]

City unveils historic marker for Edmonton Heights

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 […]