Huntsville receives national ranking for affordability amid housing and infrastructure concerns

HUNTSVILLE, AL – Adding to the growing list of accolades, the City of Huntsville was recently ranked as one of the fastest growing, affordable cities in the nation. According to U.S. Census Bureau data tabulated by GOBankingRates from December 07, 2023, populations in some of the largest cities in America, such as New York City […]

Councilwoman Robinson reflects on a year of promises fulfilled ahead of 2024

Cover image provided by the Huntsville/Madison County Convention & Visitors Bureau.   In an exclusive interview with Councilwoman Jennie Robinson, the Huntsville Business Journal looks back on the year District 3, and the city as a whole, had in 2023 while delving into the multifaceted projects and initiatives that have shaped this year and set the […]

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 […]

Huntsville’s job creation numbers supporting Commercial Real Estate through rising interest rates

It has been fairly well documented this year how rising interest rates have affected the housing markets in the Huntsville area compared to nationwide trends. However, what effect are these rates having on the commercial development side of the real estate sphere?  To answer this question, the Huntsville Business Journal talked to local experts while […]

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 […]

Alabama company continues expansion into Huntsville to enhance project growth in the area

HUNTSVILLE, AL – Alabama-based national program management firm HPM Leadership announced a new phase of expansion into Huntsville with the opening of a larger office location in Huntsville. Since 1997, the company has focused on representing owners in managing the planning, design and construction of capital projects, and has completed numerous projects across North Alabama. […]

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, […]