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 […]
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 […]
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 […]
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 […]
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%. […]
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 […]
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 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 […]
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® (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 […]
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