The Huntsville Area Association of REALTORS® is encouraging the public to take part in its fourth annual Standing Against Domestic Violence event, which aims to help participants recognize, report, and prevent domestic violence while offering support to survivors in the community. Admission is free and the first 100 attendees will receive a boxed lunch. Local […]
The residential real estate market is currently in a state of impasse between buyers and sellers, as the nation waits for an expected Federal Reserve interest rate cut in September. According to Realtor.com economist Jiayi Xu, the combination of high prices and interest rates in the high 6% range is suppressing demand. In response, many […]
The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the Huntsville/Madison County market for the month of July. The report shows that closed sales in all properties have dipped by 8.7% from July of 2024, and the median sales price in all properties has seen a 1.8% decrease as well. The […]
The Huntsville Area Association of REALTORS® (HAAR) has announced the winners of its annual awards, honoring professionals who have demonstrated exceptional commitment to the real estate industry and meaningful service to the Huntsville community. The awards recognize those whose contributions have significantly impacted both their profession and the region they serve. HAAR REALTOR® of the […]
The Huntsville/Madison County residential real estate market continues to hold steady, with the Huntsville Area Association of Realtors (HAAR) weekly report for the week ending July 5 showing modest increases in pending sales and inventory for single-family homes, while townhouse units saw a slight downturn. In the week reported, pending sales of single-family homes increased […]
A new study released by the National Association of Realtors (NAR) shows that 46% of homebuyers who relocated in 2024 relocated to the South. The next most popular region for relocating homebuyers was the West, at 25%. 30% of relocating homebuyers cited a desire to be closer to family and friends as the leading reason […]
The Alabama Association of Realtors released its October 2024 Alabama Economic and Real Estate Report. The report indicated a slowdown in real estate sales across the state, which the report attributed to a combination of high interest rates, which spiked up to 6.72% by late October, and seasonal slowdown typical for fall. Alabama recorded 4,880 […]
National Association of Realtors Chief Economist Lawrence Yun, speaking alongside NAR Deputy Chief Economist Jessica Lautz, discussed projections for the real estate market in 2025 at an NAR event at Boston. “We’ve seen after presidential elections—and it doesn’t matter who wins—that there’s usually a slight boost in home sales,” Yun said. “It removes some uncertainty. […]
The September monthly report from the National Association of Realtors showed a jump of 7.4% in pending sales compared to August, with a 2.6% year-over-year increase in contract signings in September. NAR Chief Economist Chief Economist Lawrence Yun weighed in on these developments, attributing the rise to “the combination of lower mortgage rates in late […]
The Alabama Association of Realtors (AAR) has released its monthly economic report for the month of September, 2024. The report showed that Alabama has a 4.6 months’ supply of housing inventory. This marks a year-over-year increase of 1.3 months’ supply, and is the highest level in more than five years. According to the Huntsville Area […]
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