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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
On March 25, Bristol Development Group officially opened The Gallery, a nearly $25 million, 107-unit apartment community near Lowe Mill, to residents. Hosted by the Huntsville/Madison County Chamber of Commerce, a ribbon cutting ceremony was held to celebrate the grand opening. The Gallery offers studio, 1 and 2 bedroom apartment homes with communal spaces including […]
The Huntsville Area Association of Realtors (HAAR) has released its report for the month of February 2024. The Huntsville/Madison County market saw 545 houses sold in February, which is up from 378 sold in January, and 452 sold in February of 2023. There were 994 pending sales listed in February 2024, up from 919 in […]
The way people buy and sell real estate in America has changed dramatically, as the National Association of Realtors (NAR), has reached a legal settlement that will, among other things, end the “even-split 6% commission model.” Additionally, the agreement would resolve claims against NAR, over one million NAR members, all state/territorial and local REALTOR® associations, […]
HUNTSVILLE, AL – ServisFirst Bank, a subsidiary of ServisFirst Bancshares (NYSE:SFBS), announced the addition of Tammy McCurry as First Vice President, Mortgage Production Manager for the ServisFirst Bank Huntsville region. “We are thrilled to welcome Tammy to the team. Her dedication and wealth of experience in guiding homeowners through the mortgage lending process makes her an ideal […]
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