The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the month of July 2023. The average sale price of a single-family home in Madison County took a slight dip compared to July the year previous; where it had stood at $391K in 2022, in 2023 the average sale price was down […]
The Huntsville Area Association of Realtors (HAAR) has compiled its report for the Huntsville/Madison County real estate market, dated to the last week of July. New listings for single-family units decreased by 17.4%, even as inventory increased 14.2% for that same period. With sales continuing their modest rise – a 0.4% increase in this instance […]
In the present day, managing a large organization or business is really about managing the intricate web of processes necessary to sustain its operation and promote its future growth. This often requires the use of various software applications that rarely communicate or integrate with one another. This is a challenge for modern enterprise as the […]
Real estate reports for the month of June have been released, and the expert prognosis is that the worst is behind us. “The recovery has not taken place, but the housing recession is over,” announced Lawrence Yun, the Chief Economist of the National Association of Realtors. “The presence of multiple offers implies that housing demand […]
The rate of increase for the national median price of a home has slowed to a rate that hasn’t been seen since 2016. According to Realtor.com, the month-to-month median rose 2.56% in May, an increase of 0.9% relative to May of 2021. Here in Madison County, the median sale price continued to slide under the […]
For National Homeownership Month held in June, the Huntsville Business Journal asked the Huntsville Area Association of Realtors (HAAR) about what would-be homeowners can do to navigate the current market conditions, and make the best financial decisions for their households. But before getting into those tips, HAAR President Chris Hulser offered some insights as to […]
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 […]
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