Tag Archive for: Madison County

National Association of Realtors responds to legal settlement

The way people buy and sell real estate in America has changed dramatically, as the National Association of Realtors (NAR), has reached a legal settlement that will, among other things, end the “even-split 6% commission model.” Additionally, the agreement would resolve claims against NAR, over one million NAR members, all state/territorial and local REALTOR® associations, […]

GE Aerospace to invest more than $16 million to boost local manufacturing and workforce size

GE Aerospace has unveiled plans for a massive investment of $650 million into its manufacturing facilities and supply chain this year, which includes a $16.8 million investment at its Huntsville site. The initiative aims to ramp up production capabilities and enhance quality standards, thereby fortifying its support for both commercial and defense customers. In Huntsville, […]

Will Huntsville real estate always be affordable?

Huntsville, AL has been a media favorite from US News and World Report, Southern Living, Money Magazine, and the Wall Street Journal. A common thread amongst these reports has been the uncanny affordability of homes within our city.  A few years ago, you could purchase a nice starter home in one of the area’s best […]

Real Estate Update: NAR discusses Biden’s SOTU proposals, local sales increase

During his 2024 State of the Union Address, President Biden made a number of policy proposals aimed towards addressing the ongoing crisis of housing affordability.  Biden’s proposals included the establishment of a tax credit towards mortgages over the next two years, the elimination of title insurance fees for federally-backed mortgages, and an initiative to build […]

WellStone announces hiring event to support critical community need

HUNTSVILLE, AL – According to the National Institute for Health Care Management Foundation, a shortage of mental health care workers continues across the US. It’s a national situation that is affecting the mental health landscape right here in the Tennessee Valley. Following this news, Wellstone has announced a Spring Hiring Event on Friday, March 8, […]

North Alabama Zoo one step closer with funding project announcement

Hope is still on the horizon for the much anticipated North Alabama Zoo project. In collaboration with leaders from Limestone County, the North Alabama Zoological Society (NALZS) has crafted a comprehensive funding proposal for Phase 1 of the zoo project, drawing inspiration from successful funding models employed by family enrichment facilities nationwide. Tailoring their approach […]

Huntsville bucks real estate trend with pending sales

Across the country, pending sales have stalled, as interest rates have not only failed to decrease in accordance to the schedule established by the Federal Reserve’s planned scale back of its anti-inflation measures, but have actually ticked back up slightly, reaching 7% at the end of February.  According to Redfin’s national survey, this has caused […]

School choice, teacher retention major focus of the 2024 State of the Schools

The 2024 State of the Schools breakfast was held at the Jackson Center on the morning of February 27.  The meeting was presented in partnership with The Schools Foundation.  Representatives from Huntsville City Schools, Madison City Schools, and Madison County Schools spoke at the well-attended event. The major themes of the meeting were career preparedness […]

Huntsville’s ValleyMLS ranked among the Best in WAV Group’s Customer Experience Index

ValleyMLS was named a BEST MLS for 2024. The award was presented by WAV Group, the industry’s leading real estate consulting and research firm, conducting their second annual Customer Experience Index (CXI) for MLSs. WAV Group’s Customer Experience Index program scores MLS organizations on seven standardized key performance indicators (KPIs): overall satisfaction, customer service, training, technology, data quality, responsiveness, […]

Monthly report shows prices rising as mortgage rates stabilize

The monthly report for the month of January 2024, as compiled by the Huntsville Area Association of Realtors (HAAR), shows indications that the local real estate market is beginning to shrug off the sluggishness of the end of the year.  The addition of housing inventory continues apace, with 1738 units on the market in January, […]