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, […]

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. […]

Local, national real estate markets buck under interest rates

Housing affordability continues to be a major concern across the United States. ATTOM Data Solution’s Q3 2023 US Home Affordability Report shows that median single-family and condo unit prices in Q3 were less affordable than historic averages in 99% of counties nationwide.  Moreover, with interest rates hovering around 8%, ‘major home expenses’ now take up […]

Huntsville Mayor in attendance for Hays Farm milestone

HUNTSVILLE, AL – Hays Farm helped cap off a beautiful fall in Huntsville with a milestone event for the development of South Huntsville. On Wednesday of last week, Hays Farm Homes celebrated the grand opening of their new model home with a ribbon-cutting ceremony. Mayor Tommy Battle, along with the three Hays brothers, Jeff, John, […]

NAI Chase announces 1,280-acre land sale with Loveman Realty

HUNTSVILLE, AL – NAI Chase Commercial Realty, a member of NAI Chase Global, and Loveman Realty announced their exclusive representation of the 1,280-acre Land Sale in rapidly growing Limestone County, Alabama. This parcel of land presents an opportunity for a diverse range of development projects, including mixed-use developments, industrial/manufacturing ventures, and residential communities. The team […]

Sales prices dip as Huntsville plans affordable housing director

The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the month of September.  The study shows that the average sales price for single family homes decreased from $371,000 to $370,000. However, the median figure for single family homes decreased down to $304,000, which is considerably lower than the national median of […]