Tag Archive for: HAAR

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 […]

HAAR Releases May Monthly Report

The Huntsville Area Association of Realtors (HAAR) has released their monthly report on the state of the local residential real estate market, analyzing sales in Huntsville-Madison County for the month of May.  Homes continued the trend of staying on the market much longer than the previous year, with homes spending an average of 34 days […]

Real Estate Update Special Edition: Advice for Prospective Homeowners

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 […]

Inventory increase indicates potential thaw in market for the future

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 […]