Realtor.com has released its monthly national survey of the state of the real estate market for the month of May. Inventory has increased by 21.5% from May of last year, continuing to build off of the 48.3% year-over-year increase from April. 42 of the 50 largest metro markets have seen their inventory increase this past […]
Innovate Alabama has opened applications for its Innovate Alabama Tax Credit program, a newly launched program that resulted from the recent passage of the Innovation and Small Business Act, a key component of Governor Ivey’s “The Game Plan.” The Innovate Alabama Tax Credit program builds on the success of the Alabama Department of Commerce’s Growing […]
Analysis from ATTOM Data Solution shows that, nationally, May has historically been the best month for selling a home, with an average premium of 12.8% above list price when selling during that month. June is the second-highest average month for home sellers, with an average premium of 10.7%. With that said, statistics compiled by the […]
The Public Affairs Research Council Alabama (PARCA) has released a report analyzing the impact of Alabama’s Simplified Sellers Use Tax (SSUT). Since the law’s implementation in 2015, the SSUT has imposed an 8% tax – roughly equivalent to the state’s sales tax traditionally imposed on brick-and-mortar stores within the state – on online goods sold […]
Last fall, Dinni told you that I was testing our 20 Gig product in my home. Yes, I have the speed test to prove it, but to be honest, my household can’t really test the limits of what that much internet speed can do. We tried — we streamed as many World Cup games in […]
The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the month of April. Despite the inventory of homes on the market nearly doubling over the past year – up to 1382, from a mere 722 in April 2022 – the average sale price in Madison county has continued to tick upwards. […]
The Huntsville Area Association of Realtors (HAAR), in association with the UAH College of Business, has released its Huntsville Area Real Estate Economics Report for the first quarter of 2023. The most dramatic difference between Q1 2023 and the same quarter the previous year was the 171.5% increase in units on the market. Additionally, many […]
The Huntsville Area Association of Realtors (HAAR) has released its monthly report on the state of the residential real estate market for the month of March. The average sale price in Madison County continued to rise, reaching $368,000, up from $333,000 for March the previous year. However, this is an outlier for Huntsville/Madison County specifically, […]
The Rocket City is experiencing a multifamily boom more explosive than has ever been experienced. As of December 31, 2022, our independent research indicates a total of 62 apartment communities comprising 14,685 units were actively under construction, while more than 30 other properties comprising 9,479 units were in planning. For an area with a total […]
According to Freddie Mac, the national average interest rate for a 30-year fixed-rate mortgage has been declining slightly over the past three weeks, with the national rate reaching a low of 6.32% for the week of March 30, 2023. This dip in rates has led to an uptick in new mortgage applications, with the Mortgage […]
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