It’s that time of year again, when parents breathe a sigh of relief and kids bemoan the all-to-rapid passing of Summer break. In case you missed it, school is starting back. Students in Huntsville City Schools, Madison City Schools, and Madison County Schools are expected back in class on August 1st. Many parents are waiting […]
The national real estate market has entered a period of cooling, as the combination of restricted inventory and high interest rates have driven down sales. According to Redfin, which compiled a four-month report which concluded on June 30th, pending sales have declined an average of five percent over the four months. Despite this decline in […]
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 […]
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 […]
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% […]
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 […]
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 […]
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 […]
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 […]
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 […]
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