The buyers market enjoyed by house hunters at the height of the COVID-19 pandemic, when mortgage interest rates fell to record lows, is no longer. The numbers now favor sellers and will continue to do so in the near future with interest rates rising at a rapid pace. Rates for a 30-year fixed mortgage, which […]
As house hunters and their real estate agents are well aware, the real estate market has been rather volatile over the past year with rapidly rising home prices and an alarming shortage of listings. First-time buyers are finding themselves priced out of the market, with houses selling quickly and well over asking price. In addition, […]
The Huntsville Area Association of REALTORS® (HAAR) recently published its 2021 Annual and 4th Quarter Real Estate Economics reports. For those of you who have been following the regional housing market over the past few years, the numbers may not come as a big surprise. Despite facing down a pandemic for the past two years, […]
As the end of 2021 nears, homebuyers and sellers are eagerly anticipating, or perhaps dreading, what the next year will have to offer in the Huntsville metro area housing market. This past year’s market has been particularly eventful with demand greatly exceeding supply, multiple offers placed on homes within a very short period of time […]
The housing market is like a freight train barreling down the tracks with no signs of stopping or even slowing down as it approaches the station. According to Josh McFall, CEO of the Huntsville Area Association of Realtors, there is no better time to list a home, but that does not mean our region is […]
The Huntsville area housing market continues to show its resilience in the wake of the pandemic. The number of house sales and prices in the third quarter increased over the third quarter last year while the number of available houses continues to fall, compared to the same period in 2019. The latest quarterly Huntsville Area […]
The Huntsville Area Association of Realtors is engaged in efforts to connect local officials with national policy experts to drive conversations on property vacancy and abandonment prevention. Stabilizing and Revitalizing Neighborhoods in the COVID-19 Era, a multipart series hosted by the National Association of Realtors, is bringing together Realtors and policymakers from across the country […]
The Madison County real estate market has maintained its traditional high-volume summer business, despite pandemic-related uncertainty and downturn in other local economic sectors, according to a recent study by the Huntsville Area Association of Realtors. The group, in partnership with the University of Alabama-Huntsville College of Business, released its second quarter Huntsville Area Real Estate […]
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