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July monthly report shows prices dip amid inventory boost

August 21, 2023/in Economy, Featured, Housing, Lead, News, Real Estate, Resource/by Marie Johnson

The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the month of July 2023.  The average sale price of a single-family home in Madison County took a slight dip compared to July the year previous; where it had stood at $391K in 2022, in 2023 the average sale price was down […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/07/Real-Estate-Update_-High-Inflation-Hits-Market.jpg 316 833 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2023-08-21 08:30:162023-08-20 13:31:55July monthly report shows prices dip amid inventory boost

Real Estate Update: Sales continue to rise despite drop in new listings

August 14, 2023/in Economy, Featured, Housing, Lead, News, Real Estate, Resource/by Marie Johnson

The Huntsville Area Association of Realtors (HAAR) has compiled its report for the Huntsville/Madison County real estate market, dated to the last week of July.  New listings for single-family units decreased by 17.4%, even as inventory increased 14.2% for that same period. With sales continuing their modest rise – a 0.4% increase in this instance […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/07/Real-Estate-Update_-High-Inflation-Hits-Market.jpg 316 833 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2023-08-14 06:00:352023-08-13 15:29:44Real Estate Update: Sales continue to rise despite drop in new listings

North Huntsville’s Freedom Industrial Park is officially on the way

August 2, 2023/in Community Development, Development, Engineering, Events, Featured, Lead, Manufacturing, News, Real Estate/by Noah Logan

Ground has been officially broken and the first building is on the way for Freedom’s Real Estate and Capital’s Freedom Industrial Park located across from Toyota Manufacturing on Pulaski Pike. According to Freedom Real Estate CEO Bill Roark, the new Industrial Park will be a massive undertaking for the company. The first of five scheduled […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/08/North-Huntsvilles-Freedom-Industrial-Park-is-officially-on-the-way.jpg 316 833 Noah Logan https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Noah Logan2023-08-02 06:30:302023-08-01 12:28:27North Huntsville’s Freedom Industrial Park is officially on the way

Sit Down With Success: A Conversation with the Van Valkenburghs

August 1, 2023/in Community Development, Featured, Housing, Lead, News, People, Real Estate, Sit Down With Success, Success/by Heather Price

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 Richard and Nancy Van Valkenburgh of Van Valkenburgh & Wilkinson Properties, Inc. If you’ve […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/08/Sit-Down-With-Success_-A-conversation-with-the-Van-Valkenburghs.jpg 316 833 Heather Price https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Heather Price2023-08-01 06:30:502023-09-11 10:44:28Sit Down With Success: A Conversation with the Van Valkenburghs

Real Estate Update: NAR Declares Housing Recession Over

July 31, 2023/in Economy, Featured, Housing, Lead, News, Real Estate, Resource/by Marie Johnson

Real estate reports for the month of June have been released, and the expert prognosis is that the worst is behind us.  “The recovery has not taken place, but the housing recession is over,” announced Lawrence Yun, the Chief Economist of the National Association of Realtors. “The presence of multiple offers implies that housing demand […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/07/Real-Estate-Update_-NAR-Declares-Housing-Recession-Over.jpg 316 833 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2023-07-31 06:30:082023-07-31 07:50:26Real Estate Update: NAR Declares Housing Recession Over

Lorraine Funes Accepts New Position with NAI Chase Commercial

July 19, 2023/in Employment, Featured, News, People, Real Estate, Recognition/by staff reports

NAI Chase Commercial Real Estate, a member of the world’s premier managed network of commercial real estate firms NAI Chase Global, announced that Lorraine Funes has accepted a position as Sales and Leasing Specialist. In this role, she will be responsible for lease/sale transactions of office, retail, land and industrial properties in Huntsville and the […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/07/Lorraine.jpg 316 833 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2023-07-19 06:25:522023-07-19 09:33:27Lorraine Funes Accepts New Position with NAI Chase Commercial

Interest Rates Unlikely To Return To 3% Anytime Soon

July 14, 2023/in Economy, Featured, Housing, Lead, News, Real Estate/by Marie Johnson

Current homeowners hoping to sell, who are holding back in the hopes of soon re-entering the housing market with the sort of super-low interest rates seen during the pandemic are likely to be disappointed, according to the National Association of Realtors.  “One can never truly predict the future, but I don’t see mortgage rates returning […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/07/Real-Estate-Update_-High-Inflation-Hits-Market.jpg 316 833 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2023-07-14 07:00:242023-07-13 13:41:49Interest Rates Unlikely To Return To 3% Anytime Soon

Huntsville Area Association of REALTORS® Announces New CEO

July 6, 2023/in Community Development, Employment, Featured, Housing, Lead, News, People, Real Estate, Recognition/by Gus Wintzell

Huntsville Area Association of REALTORS® (HAAR) & ValleyMLS.com announced the appointment of Kurtis Krueger as the organization’s new CEO.  With a wealth of experience in operations and diverse business environments, including real estate, Krueger brings a unique skill set and expertise to lead the association into its next phase of growth and success. His appointment […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/07/Huntsville-Area-Association-of-REALTORS®-Announces-New-CEO.jpg 316 833 Gus Wintzell https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Gus Wintzell2023-07-06 12:39:402023-07-06 12:39:40Huntsville Area Association of REALTORS® Announces New CEO

Housing Price Increase Slows Nationwide, Banks Losing Money on Mortgages

July 5, 2023/in Economy, Featured, Housing, Lead, News, Real Estate, Resource/by Marie Johnson

The rate of increase for the national median price of a home has slowed to a rate that hasn’t been seen since 2016. According to Realtor.com, the month-to-month median rose 2.56% in May, an increase of 0.9% relative to May of 2021.  Here in Madison County, the median sale price continued to slide under the […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/07/Real-Estate-Update_-High-Inflation-Hits-Market.jpg 316 833 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2023-07-05 06:45:262023-07-04 14:28:08Housing Price Increase Slows Nationwide, Banks Losing Money on Mortgages

United Real Estate Announces Second North Alabama Expansion

June 29, 2023/in Community Development, Economy, Featured, Housing, Lead, Mergers, News, Real Estate/by Noah Logan

United Real Estate has made another move to solidify their foothold in the growing Huntsville Metro becoming a top three brokerage in the area in the process. On Tuesday it was announced that United’s Leading Edge Real Estate Group and Revolved Realty have merged operations.  Leading Edge was the first local real estate operation that […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/06/United-Real-Estate-Announces-Second-North-Alabama-Expansion.jpg 316 833 Noah Logan https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Noah Logan2023-06-29 10:28:092023-06-29 11:40:00United Real Estate Announces Second North Alabama Expansion
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