The June Mortgage Monitor Report released by the Intercontinental Exchange (ICE) shows that many of the Southern real estate markets, which saw a boom during the Covid-19 Pandemic, have begun to bust as the pace of buying has slowed and surplus inventory reaches or even exceeds pre-pandemic levels. Austin, Texas, for example, saw a 0.25% […]
The Alabama Association of Realtors released its Alabama Economic and Real Estate Report for the month of May 2024. The report shows that home sales across the state have increased for the fourth month in a row, with 5,209 home sales for the month of May. However, this is still down 19.3% from May of […]
Huntsville-based Matt Curtis Real Estate has retained its position as Alabama’s leading residential real estate team, earning the title of #1 Real Estate Team in the state for the fifth consecutive year. This recognition comes from the RealTrends + Tom Ferry The Thousand ranking program, which highlights the nation’s top-performing brokerages, teams, and agents. In […]
The Federal Reserve has opted to keep the Federal funds rate within the current range of 5.25 to 5.5%. Inflation has stubbornly remained above the 2% annual rate that the Federal Reserve set as its target level. Interest rates were at 3.3% for the month of May, remaining virtually unchanged from April, when it stood […]
The housing market is the least affordable it’s been in decades and politicians are looking for someone to blame. The latest target is large investors. While some large investors are negatively impacting our local Huntsville market, the problems go way beyond this. Lack of housing supply from tightening lending standards from the great recession, deficit […]
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, […]
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 […]
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 […]
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 […]
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 […]
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