PARCA Releases Report on Online Sales Tax

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 […]

Google Fiber Selects Huntsville to Test Milestone 20 Gig Internet Product Launch

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 […]

April Monthly Report Shows Rising Prices, Bucking National Trend

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.  […]

Huntsville Area Association of Realtors Releases Q1 Economic Report

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 […]

Real Estate Update: March Stats Show High Demand for Madison County

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, […]

Multifamily Boomtown: Huntsville, Alabama

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 […]

Real Estate Update: Mortgage Rates Hover at 6%

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 […]

Huntsville’s Spring Home Buying Guide

It’s April, and spring is in full swing, with its warm weather and enough pollen in the air to choke a yak. For those in the business of real estate, spring also represents the revitalization of the market, as both buyers and sellers shake off winter seasonal malaise and get back down to business.  April […]

Housing supply continues to increase, but can it meet demand?

The latest weekly report from the Huntsville Area Association of Realtors (HAAR), dated for the week ended March 18, demonstrates that the inventory of homes for sale in Huntsville/Madison County has continued to increase.  The inventory of single-family units saw a 92% increase, up to 2,508 homes, while townhouses and condo units saw a 66% […]

Madison County Water Department launches in-house billing, meter reading and customer service

Madison County Water Department (MCWD) officially launched its in-house billing, meter reading and customer service transitioning from Huntsville Utilities’ original services. MCWD will now read meters, prepare and mail billing statements, and perform all aspects of customer service with in-house systems and personnel. This transition will ensure more timely problem resolutions and more efficient customer service, […]