Tag Archive for: HAAR

Q3 Real Estate Economic Report Shows Inventory at Pre-Pandemic Levels

The Huntsville Area Association of Realtors (HAAR), in partnership with the UAH College of Business, has released its Q3 Economic Report for 2023, which covers the Huntsville-Madison County real estate market.  Of the statistics compiled by the Report, one of the most significant is the housing inventory. Inventory has risen 20% compared to Q3 2022, […]

Local, national real estate markets buck under interest rates

Housing affordability continues to be a major concern across the United States. ATTOM Data Solution’s Q3 2023 US Home Affordability Report shows that median single-family and condo unit prices in Q3 were less affordable than historic averages in 99% of counties nationwide.  Moreover, with interest rates hovering around 8%, ‘major home expenses’ now take up […]

Sales prices dip as Huntsville plans affordable housing director

The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the month of September.  The study shows that the average sales price for single family homes decreased from $371,000 to $370,000. However, the median figure for single family homes decreased down to $304,000, which is considerably lower than the national median of […]

Real Estate Update: Pending Sales Pick Up, Despite National Trend

The Huntsville Area Association of Realtors (HAAR) has released statistics for the Huntsville/Madison County market that shows that our local real estate market is defying national trends in terms of pending sales.  Nationally, pending sales have been dropping. According to the National Association of Realtors (NAR), pending home sales have declined by an average of […]

Real Estate Update: Affordability still a concern as government shutdown postpones

Housing affordability still remains a top concern, both here in Huntsville and across the nation as a whole. The Huntsville Area Association of Realtors (HAAR) report for the month of August showed a slight increase in the average sales price of a single-family home in the area, up 1.1% to $370,000. While this figure is […]

Huntsville continues positive trend as Feds discuss interest rates

The Huntsville Area Association of Realtors (HAAR) has released their monthly report for the month of August 2023.  The report shows that the average sale price of a home in the Huntsville/Madison-County region has seen a very modest increase relative to August the previous year, bumping up to $370K from $367K. This still remains well […]

Real Estate Update: Sales Picked Up as Mortgage Rates Poise to Fall

The latest report from the Huntsville Area Association of Realtors (HAAR) has shown increased activity for the Huntsville/Madison County area in the last full week of August.  The report, which covers the week ending August 26 2023, shows new listings for single-family homes increasing by 16.7%, while pending sales saw a modest increase of 1.5%.  […]

Real Estate Update: Huntsville presses on despite shaky national conditions

The national real estate market continues to struggle to meet consumer demand for housing, with the National Association of Home Builders reporting a six-point drop in new home construction sentiment from July to August. As a result, the national squeeze on housing inventory continues.  Investor purchases – purchases by a business or institution – of […]

Huntsville to host regional PR conference in September

HUNTSVILLE, AL – The Southern Public Relations Federation (SPRF) will host its annual conference at the Embassy Suites Huntsville in Rocket City Sept. 10-12, 2023. PR Lift Off, the theme for this year’s conference, will be a deep dive into strategic communications featuring keynotes, break-out sessions with interactive workshops and networking opportunities to bolster the […]

July monthly report shows prices dip amid inventory boost

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 […]