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Study reveals Huntsville to be below Alabama average regarding ROI on investment property

June 2, 2023/in Economy, Featured, Lead, News, Real Estate/by Noah Logan

Recent data has shown that Huntsville might trail the rest of the state when it comes to investing in rental properties. Real estate experts at Agent Advice analyzed home value and typical rent prices across the country to establish where investors can currently expect the highest return on their investment. The data was collected using […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/06/Study-reveals-Huntsville-to-be-below-Alabama-average-regarding-ROI-on-investment-property.jpg 316 833 Noah Logan https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Noah Logan2023-06-02 13:02:072023-06-02 13:02:46Study reveals Huntsville to be below Alabama average regarding ROI on investment property

May, June Best Months for Selling Homes

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

Analysis from ATTOM Data Solution shows that, nationally, May has historically been the best month for selling a home, with an average premium of 12.8% above list price when selling during that month. June is the second-highest average month for home sellers, with an average premium of 10.7%.  With that said, statistics compiled by 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 Johnson2023-05-31 06:30:112023-05-30 21:53:54May, June Best Months for Selling Homes

April Monthly Report Shows Rising Prices, Bucking National Trend

May 22, 2023/in Community Development, Economy, Featured, Lead, News, Real Estate, Resource/by Marie Johnson

The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the month of April.  Despite the inventory of homes on the market nearly doubling over the past year – up to 1382, from a mere 722 in April 2022 – the average sale price in Madison county has continued to tick upwards.  […]

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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 Johnson2023-05-22 06:30:382023-05-21 11:36:15April Monthly Report Shows Rising Prices, Bucking National Trend

Huntsville Area Association of Realtors Releases Q1 Economic Report

May 9, 2023/in Community Development, Economy, Featured, Housing, Lead, News, Real Estate, Resource/by Gus Wintzell

The Huntsville Area Association of Realtors (HAAR), in association with the UAH College of Business, has released its Huntsville Area Real Estate Economics Report for the first quarter of 2023.  The most dramatic difference between Q1 2023 and the same quarter the previous year was the 171.5% increase in units on the market.  Additionally, many […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2022/07/Real-Estate-Update_-High-Inflation-Hits-Market.jpg 316 833 Gus Wintzell https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Gus Wintzell2023-05-09 06:30:382023-05-09 12:56:19Huntsville Area Association of Realtors Releases Q1 Economic Report

Real Estate Update: March Stats Show High Demand for Madison County

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

The Huntsville Area Association of Realtors (HAAR) has released its monthly report on the state of the residential real estate market for the month of March.  The average sale price in Madison County continued to rise, reaching $368,000, up from $333,000 for March the previous year.  However, this is an outlier for Huntsville/Madison County specifically, […]

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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 Johnson2023-04-21 06:45:312023-04-20 12:39:11Real Estate Update: March Stats Show High Demand for Madison County

Multifamily Boomtown: Huntsville, Alabama

April 21, 2023/in Community Development, Economy, Employment, Engineering, Featured, Housing, Lead, News, Real Estate, Resource, Workforce Development/by staff reports

The Rocket City is experiencing a multifamily boom more explosive than has ever been experienced. As of December 31, 2022, our independent research indicates a total of 62 apartment communities comprising 14,685 units were actively under construction, while more than 30 other properties comprising 9,479 units were in planning. For an area with a total […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/04/Multifamily-Boomtown_-Huntsville-Alabama-Credit_-Huntsville-CVB.jpg 316 833 staff reports https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png staff reports2023-04-21 06:30:072023-04-21 09:00:30Multifamily Boomtown: Huntsville, Alabama

Real Estate Update: Mortgage Rates Hover at 6%

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

According to Freddie Mac, the national average interest rate for a 30-year fixed-rate mortgage has been declining slightly over the past three weeks, with the national rate reaching a low of 6.32% for the week of March 30, 2023.  This dip in rates has led to an uptick in new mortgage applications, with the Mortgage […]

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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 Johnson2023-04-14 06:20:212023-04-13 19:10:30Real Estate Update: Mortgage Rates Hover at 6%

Huntsville’s Spring Home Buying Guide

April 13, 2023/in Community Development, Economy, Featured, Housing, Lead, News, Real Estate, Resource/by Marie Johnson

It’s April, and spring is in full swing, with its warm weather and enough pollen in the air to choke a yak. For those in the business of real estate, spring also represents the revitalization of the market, as both buyers and sellers shake off winter seasonal malaise and get back down to business.  April […]

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https://huntsvillebusinessjournal.com/wp-content/uploads/2023/04/Home-buying-guide.jpg 316 833 Marie Johnson https://huntsvillebusinessjournal.com/wp-content/uploads/2019/02/HBJ-Logo.png Marie Johnson2023-04-13 08:00:232023-04-14 12:06:58Huntsville’s Spring Home Buying Guide

Housing supply continues to increase, but can it meet demand?

April 3, 2023/in Community Development, Economy, Featured, Housing, Lead, News, Real Estate, Resource/by Marie Johnson

The latest weekly report from the Huntsville Area Association of Realtors (HAAR), dated for the week ended March 18, demonstrates that the inventory of homes for sale in Huntsville/Madison County has continued to increase.  The inventory of single-family units saw a 92% increase, up to 2,508 homes, while townhouses and condo units saw a 66% […]

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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 Johnson2023-04-03 06:30:242023-04-02 10:21:33Housing supply continues to increase, but can it meet demand?

February Monthly Report Shows Dramatic Slowdown

March 20, 2023/in Community Development, Economy, Featured, Housing, Lead, News, Real Estate, Resource/by Marie Johnson

The Huntsville Area Association of Realtors (HAAR) has released its monthly report on the state of the market over the month of February.  Of the various statistics compiled in the report, the dramatic increase in average time spent on the market stood out the most.  The average time a house in Huntsville-Madison County spent on […]

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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 Johnson2023-03-20 06:45:212023-03-22 10:28:25February Monthly Report Shows Dramatic Slowdown
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Huntsville Business Journal
600 Boulevard South #104
Huntsville, AL 35802

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