The buyers market enjoyed by house hunters at the height of the COVID-19 pandemic, when mortgage interest rates fell to record lows, is no longer. The numbers now favor sellers and will continue to do so in the near future with interest rates rising at a rapid pace. Rates for a 30-year fixed mortgage, which […]
As house hunters and their real estate agents are well aware, the real estate market has been rather volatile over the past year with rapidly rising home prices and an alarming shortage of listings. First-time buyers are finding themselves priced out of the market, with houses selling quickly and well over asking price. In addition, […]
After 28 years of dedicated service, Betty Hughes is retiring from Hughes Properties. This was first announced in November 2021. Betty plans to consult and spend time with her family and volunteer with non profit organizations. Betty has had a distinguished career including recently being inducted into the National Association of Realtors RPAC Hall of […]
Huntsville’s soaring growth brings the need for new housing, and as the city’s expansion continues, residential development in west Huntsville is following suit. The latest addition came from Atlanta-based Gateway Ventures (Gateway) and Bullpen Real Estate (Bullpen), which celebrated the grand opening of Laurel at Dry Creek with charcuterie cones provided by Honey Box, live […]
Two of Alabama’s largest real estate companies have come together in a partnership that reshapes the landscape of the state’s real estate market. Huntsville’s Capstone Realty has combined with ARC Realty, which focuses primarily on the Birmingham and Montgomery markets. The resulting entity is the largest independent real estate brokerage in Alabama. This new partnership […]
House shoppers and Real Estate agents across the nation are well aware of the recent challenges presented by the housing market, particularly with regard to increased prices and low stock. Although the Huntsville area did not experience these difficulties to the same extent as other regions of the country, recent data indicates that it has […]
Yesterday, the City of Huntsville announced the temporary closure of the 400 block of Clinton Avenue while a contractor performs concrete work. Weather permitting, this portion of Clinton will remain closed from 7 a.m. to 3 p.m. during the weekdays, Monday through Friday, over the next three weeks. The City urges caution for those traveling […]
NAI Chase Commercial recently announced that Douglas McCullough, Executive Vice President of Brokerage, has been named Alabama’s Certified Commercial Investment Member (CCIM) Chair for the 2022 Candidate Guidance Committee. Douglas attended the University of Alabama between 1969-1972, studying Business Management and Marketing. After graduating, he spent nearly 22 years working with property leasing, disposition, and […]
In 2013, Danny and Charlene Sullivan founded Huntsville’s Leading Edge Real Estate Group with the goal to “Lead the way, using cutting edge-technology to sell your home quickly and effectively while having fun in the process.” Fast forward to 2022, where earlier this week Danny and Charlene’s success culminated in a merger with United Real […]
The Huntsville Area Association of REALTORS® (HAAR) recently published its 2021 Annual and 4th Quarter Real Estate Economics reports. For those of you who have been following the regional housing market over the past few years, the numbers may not come as a big surprise. Despite facing down a pandemic for the past two years, […]
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