The Alabama Association of Realtors (AAR) released its Economic and Real Estate Report for February of 2024. Home sales across the state numbered 4,710 for the month of February. This not only marks a 0.5% increase from January, but it also bucks the historical trend of housing sales lagging in February. An increase in sales […]
During its March 28 session, the Huntsville City Council rendered decisions regarding millions in road improvement funding, crucial connections to improve traffic flow, and continued to prioritize the development of art and culture. $4.5M Slaughter Road improvements The Council empowered the mayor to enter a memorandum of understanding between Huntsville, the City of Madison, and […]
The Huntsville Area Association of Realtors (HAAR) has released its report for the month of February 2024. The Huntsville/Madison County market saw 545 houses sold in February, which is up from 378 sold in January, and 452 sold in February of 2023. There were 994 pending sales listed in February 2024, up from 919 in […]
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 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, […]
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 […]
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 […]
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, […]
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 […]
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 […]
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