Tag Archive for: HAAR

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 […]

Real Estate Update: Sales continue to rise despite drop in new listings

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 […]

Real Estate Update: NAR Declares Housing Recession Over

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 […]

Interest Rates Unlikely To Return To 3% Anytime Soon

Current homeowners hoping to sell, who are holding back in the hopes of soon re-entering the housing market with the sort of super-low interest rates seen during the pandemic are likely to be disappointed, according to the National Association of Realtors.  “One can never truly predict the future, but I don’t see mortgage rates returning […]

Huntsville Area Association of REALTORS® Announces New CEO

Huntsville Area Association of REALTORS® (HAAR) & ValleyMLS.com announced the appointment of Kurtis Krueger as the organization’s new CEO.  With a wealth of experience in operations and diverse business environments, including real estate, Krueger brings a unique skill set and expertise to lead the association into its next phase of growth and success. His appointment […]

Housing Price Increase Slows Nationwide, Banks Losing Money on Mortgages

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 […]