Recently, I took my car to get cleaned at a local car wash company in town. The logo on my car sparked a conversation with a young kid checking me in. He wanted to tell me that he was a real estate investor and wholesaler and told me about his recent “deal.” He said unfortunately […]
The June Mortgage Monitor Report released by the Intercontinental Exchange (ICE) shows that many of the Southern real estate markets, which saw a boom during the Covid-19 Pandemic, have begun to bust as the pace of buying has slowed and surplus inventory reaches or even exceeds pre-pandemic levels. Austin, Texas, for example, saw a 0.25% […]
Anna Clem has been named the Interim Executive Director of Singing River Trail (SRT), following the arrest of former Executive Director John Kvach. Kvach was arrested last Monday and charged with five counts of possession of child pornography and one count of dissemination of child pornography. The arrest followed a raid on his Cove Creek […]
The Alabama Association of Realtors released its Alabama Economic and Real Estate Report for the month of May 2024. The report shows that home sales across the state have increased for the fourth month in a row, with 5,209 home sales for the month of May. However, this is still down 19.3% from May of […]
Huntsville-based Matt Curtis Real Estate has retained its position as Alabama’s leading residential real estate team, earning the title of #1 Real Estate Team in the state for the fifth consecutive year. This recognition comes from the RealTrends + Tom Ferry The Thousand ranking program, which highlights the nation’s top-performing brokerages, teams, and agents. In […]
The Federal Reserve has opted to keep the Federal funds rate within the current range of 5.25 to 5.5%. Inflation has stubbornly remained above the 2% annual rate that the Federal Reserve set as its target level. Interest rates were at 3.3% for the month of May, remaining virtually unchanged from April, when it stood […]
Bank Independent, a growing financial institution in North Alabama, celebrated the ribbon cutting of its new south Huntsville sales office on Tuesday, June 11. The event, which included an open house, was attended by Bank Independent executives, team members, and community leaders from Huntsville and Madison County. In an opening address to an excited late […]
The housing market is the least affordable it’s been in decades and politicians are looking for someone to blame. The latest target is large investors. While some large investors are negatively impacting our local Huntsville market, the problems go way beyond this. Lack of housing supply from tightening lending standards from the great recession, deficit […]
Coca-Cola Bottling Company United, Inc. (UNITED) has announced a significant investment of $330 million in a new state-of-the-art facility in Birmingham’s Kingston community. This development is expected to create up to 50 new jobs and retain over 750 positions in the city. The new facility will be constructed on the former Stockham Valves and Fittings […]
Dear HBJ Readers, As we gather together with our family and friends on this Memorial Day, let us pause to honor and remember the brave members of our armed forces who have made the ultimate sacrifice in service to our nation. Their courage and dedication have safeguarded the freedoms we cherish and enjoy today. This […]
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