The national real estate market has reeled at the sharp increase in mortgage rates, as 30-year fixed mortgage rates have topped 7% for the first time in over twenty years. Sounds bad, and it has many wondering if numbers will continue to get worse. Freddie Mac has compiled the average rates on mortgages, organized by […]
The Huntsville Business Journal is proud to provide its readers with detailed information on the real estate market in Madison County, as compiled by ValleyMLS and the Huntsville Area Association of Realtors (HAAR). This week’s update analyzes residential real estate sales in Madison County for the week ending on October 15, 2022. Sales for both […]
The Huntsville Area Association of Realtors has released their statistics for the month of September. The quick takeaway is that, as expected, the residential real estate market has decelerated from the fevered pace of 2020 and 2021. Houses on the market in Huntsville/Madison County are now spending an average of 14 days on the market, […]
The Huntsville Business Journal, in partnership with the Huntsville Area Association of Realtors (HAAR), is pleased to present a new feature to the Real Estate Update column: weekly updates on the state of the Huntsville/Madison County residential real estate market. With reports coming in with greater frequency, and in greater detail, the column will be […]
The Huntsville Area Association of Realtors (HAAR) has announced that it will be hosting two courses to certify North Alabama realtors as Military Relocation Professionals (MRP). The National Association of Realtors created MRP certification to train realtors in navigating the specific needs of military clients, both active duty and retired. The first course will be […]
We’ve all been watching as inflation has risen, with interest rates growing alongside. To better understand what this means for the Huntsville real estate market, the Huntsville Business Journal sat down with Chris Hulser, the incoming President-Elect of the Huntsville Area Association of Realtors (HAAR). A realtor since 2008, Husler will be assuming the Presidency […]
Last week, RCP Companies officially broke ground on Anthem House, a $110 million mixed-use development in MidCity. This dynamic new development is designed to provide Huntsville’s expanding skilled workforce with a residential-meets-hospitality solution, including modern, efficient layouts, as well as vibrant, hotel-like surroundings and amenities. RCP leadership was joined by representatives from City of Huntsville, […]
As the City of Huntsville continues to enjoy booming growth as a live-work-play community, it celebrated a glittering new addition to its rapidly growing skyline on Monday afternoon with the grand opening of Constellation Apartments at 740 Constellation Place Dr. SW, located within view of the Von Braun Center. Prior to the ribbon cutting celebration, […]
The Corporate Office Properties Trust (COPT) has announced the construction of a new 5-story, 131,000 square foot office building at Huntsville’s Redstone Gateway. COPT, a privately traded real estate company, partnered with the Montgomery-based Jim Wilson & Associates (JWA) to undertake the further development of the area to meet the needs of contractors working for […]
On Monday morning, yet another sign of Huntsville’s rapid growth trajectory appeared with the celebration of a groundbreaking celebration for The Arcadia at 4810 Bradford Drive, located on the corner of Wynn Drive and Bradford Drive across from the new Alabama School of Cyber Technology and Engineering (ASCTE) in Cummings Research Park. When complete, the […]
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