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 […]
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 […]
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 […]
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 […]
Abbie Kate Hancock is a communication graduate from Mississippi State University. She is a tenacious communicator and life-long learner with a skill set in strategizing, public relations, marketing, event planning, and social media management. She possesses strong interpersonal skills through maintaining working relationships with fellow employees and volunteers at the Huntsville Area Association and REALTORS® […]
Liz Power has been a leader and mentor in real estate for years. Building and maintaining a successful real estate career since 2009, Liz Power set her real estate team apart by providing practical coaching and training. Liz believes in giving back to her community, and is a champion for private property rights. She has […]
The Huntsville Area Association of Realtors (HAAR) has released its monthly report for the month of April. Despite the inventory of homes on the market nearly doubling over the past year – up to 1382, from a mere 722 in April 2022 – the average sale price in Madison county has continued to tick upwards. […]
The Huntsville Area Association of Realtors (HAAR), in association with the UAH College of Business, has released its Huntsville Area Real Estate Economics Report for the first quarter of 2023. The most dramatic difference between Q1 2023 and the same quarter the previous year was the 171.5% increase in units on the market. Additionally, many […]
The Huntsville Area Association of Realtors (HAAR) has released its monthly report on the state of the residential real estate market for the month of March. The average sale price in Madison County continued to rise, reaching $368,000, up from $333,000 for March the previous year. However, this is an outlier for Huntsville/Madison County specifically, […]
According to Freddie Mac, the national average interest rate for a 30-year fixed-rate mortgage has been declining slightly over the past three weeks, with the national rate reaching a low of 6.32% for the week of March 30, 2023. This dip in rates has led to an uptick in new mortgage applications, with the Mortgage […]
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