This entry of the Huntsville Business Journal’s Real Estate Update takes a step back from the residential real estate market in order to take a look at developments in commercial real estate. The August 2022 report from Alignable, the nationwide small business online network company, shows a record-breaking 40% of small businesses nationally being unable […]
Doster Construction Company continues to make an imprint around Huntsville and the Tennessee Valley, including being part of the Upland Park development in Cummings Research Park. Upland Park is an 110,000 square foot, four-story mixed-use project that will consist of office, retail and restaurant spaces being built on Enterprise Way. Doster is erecting the HQ, […]
HUNTSVILLE, AL – Capstone Communities has begun construction on its latest build-for-rent (BFR) development in Huntsville, The Villas at Old Monrovia. This project marks Phase II of Capstone’s first Huntsville development, The Cottages at Old Monrovia. The low-density multifamily community will sit on approximately 29 acres south of The Cottages at Old Monrovia, off Research […]
The Huntsville Area Association of Realtors’ (HAAR) report for the month of July has been released. These figures suggest that the reverberations of the pandemic disruptions to the residential real estate market have largely settled out. 802 homes sold in Madison County last month, down from 930 sold in July of 2021, and even a […]
Charleston, S.C.-based The Beach Company recently announced that it has signed its second commercial tenant at The Range in the past month. The Range is a new three-story office building at the western gateway into Huntsville on Governors Drive. EyeCare Partners, which encompasses an integrated partnership of optometry and ophthalmology clinics and surgery centers providing a full spectrum […]
Regional Builders Inc., a division of NAI Chase Commercial Real Estate Services, announced today that Mike Banks has joined the firm as Director of Construction for the company’s offices in Huntsville and Birmingham. “We are delighted to welcome Mike to the team,” said Charles Grelier, Jr., President of NAI Chase Commercial. “Mike’s background and depth […]
Thanks to a massive infusion of $20 million in federal grant funding, the City of Huntsville can now check off another of its long-desired goals: creating a more walkable city. An added bonus: the grant will provide an economic boost to low-income communities. While the pedestrian access and redevelopment corridor (PARC) project has been on […]
The Huntsville Area Association of Realtors has released its Q2 report for the year of 2022. This report illustrates continuing trends in the price, inventory, and average sale time of residential real estate properties in Madison County. The overall inventory of homes for sale rose 125% in Q2 2022, with the lion’s share of those […]
A claim, put forward by Yahoo Finance in April and further analyzed on AL.com last month, suggested that the average price of a home in Huntsville could reach a million dollars by 2030. Seems a bit steep, doesn’t it? And yet, this future may not be as outlandish as it appears at first glance. Gabrielle […]
The Huntsville Area Association of Realtors’ (HAAR) Economic Report for Q1 2022 illustrates the rapid inflation that has hit all aspects of American economic life. The rate of inflation hit 8% in March, a four-fold increase since that month the previous year. With the 8% inflation rate far outstripping the approximately 2% increase in median […]
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