Will AI take our jobs, even in Huntsville?

Cover image: Provided by www.shrm.org. First of all, AI is currently only taking very niche, very specific jobs. Mainstream news and clickbait will tell you that the hundreds of thousands of cut jobs in the last year are due to AI. Actual reporting and research is not confirming this as of yet. A poll from […]

From car wash confessions to legislative lessons: The case for regulating wholesaling in alabama

Recently, I took my car to get cleaned at a local car wash company in town.  The logo on my car sparked a conversation with a young kid checking me in. He wanted to tell me that he was a real estate investor and wholesaler and told me about his recent “deal.” He said unfortunately […]

Huntsville market defies post-pandemic regional bust cycle

The June Mortgage Monitor Report released by the Intercontinental Exchange (ICE) shows that many of the Southern real estate markets, which saw a boom during the Covid-19 Pandemic, have begun to bust as the pace of buying has slowed and surplus inventory reaches or even exceeds pre-pandemic levels.  Austin, Texas, for example, saw a 0.25% […]

Association of Realtors economic report shows fourth month of consecutive growth

The Alabama Association of Realtors released its Alabama Economic and Real Estate Report for the month of May 2024.  The report shows that home sales across the state have increased for the fourth month in a row, with 5,209 home sales for the month of May. However, this is still down 19.3% from May of […]

Navigating CMMC compliance: Key budgeting insights for local DoD contractors

Cover image: Provided by the Huntsville CVB/Marty Sellers of SellersPhoto Aerial Photography Daniel Akridge and Sam Stiles of Summit 7 conducted a free 50-minute webinar on Wednesday, June 12 entitled “How to Budget for CMMC.”  CMMC (Cybersecurity Maturity Model Certification) is a series of regulations, passed by the federal government, that will apply to defense […]

Federal Reserve Declines to Cut Interest Rates

The Federal Reserve has opted to keep the Federal funds rate within the current range of 5.25 to 5.5%.  Inflation has stubbornly remained above the 2% annual rate that the Federal Reserve set as its target level. Interest rates were at 3.3% for the month of May, remaining virtually unchanged from April, when it stood […]

The implications of AI in an election year – both local and national

AI is an exciting but disruptive technology. It’s newest disruption might be the information published during our upcoming elections. If you didn’t know, there is a Municipal Election this year. That includes a few districts and the office of Mayor. Expect to see a bunch of signs popping up in your neighborhoods. Add on top […]

How large investors are ruining the housing market

The housing market is the least affordable it’s been in decades and politicians are looking for someone to blame. The latest target is large investors. While some large investors are negatively impacting our local Huntsville market, the problems go way beyond this. Lack of housing supply from tightening lending standards from the great recession, deficit […]

Despite economic growth, rising cost of living outpaces wage increases, squeezing local finances

All of the standard metrics, including job numbers, unemployment, GDP, the stock market, and cooling inflation, indicate that our economy is moving in the right direction and at a much faster clip than any experts had previously predicted. In fact, a few short years ago, economists were almost unanimously predicting a severe economic crash as […]

Local business talks democratizing knowledge and building community around Artificial Intelligence

Two Wednesday evenings a month, you will find J Langley on campus at HudsonAlpha — welcoming both regulars and newcomers to discuss all things AI. Langley, Chief Technical Officer at CohesionForce, Inc., is also the founder of Huntsville AI, LLC. The organization was created to democratize and share knowledge about emerging technologies in and around […]