Huntsville Real Estate Resource Center

Following an already much publicized trend, Single Family Home Sales in the Huntsville Metro Area declined in August 2008 when compared with unit sales figures of a year ago by ~32%. This year-over-year lower sales rate trend began in the Oct-Dec 2007 time frame and unit sales since this time have lowered to 2006-2005 […]

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Alabama and Mississippi once again ranked in the top ten states with the fewest foreclosures ranked 41 and 46 respectively by a recent RealtyTrac report. Surrounding southeastern states didn’t fare as well: Florida ranked 4th, Georgia 6th, and Tennessee 13th.
Taking a closer look at North Alabama Real Estate by county yields the following results ranked […]

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Huntsville Alabama Real Estate prices remained seasonally strong in August 2008 with an average selling price of $218,559 and median sales price of $186,600.
When looking at the average sales price per square foot for both previously owned and newly constructed single family homes in the Huntsville Metro Area one can see a relatively flat price […]

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The calculation of real estate absorption rate (monthly inventory) is widespread and yet at times controversial. …Why? …Because one part of the (simple) formula requires a subjective input!  That is; what will be the unit sales rate for a given market or market segment over the next few months?
Various practitioners will take the current month’s […]

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Huntsville Real Estate Market - Snapshot
From the heart of the medical district taking Governors Drive (Hwy 431) east, up and over Monte Sano, takes you to a lovely set of neighborhoods nestled in a valley surrounded by the foot hills of the Appalachian Mountains. This area of the City is serviced by 2 Middle […]

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Huntsville Real Estate Market - Snapshot
The southeastern area of Huntsville is one of the more popular and unique areas of the city. It is characterized by lots of smaller neighborhoods with a wide assortment of homes in all price ranges. The area is serviced by 4 Middle Schools (Challenger, Huntsville, Mountain Gap, and Whitesburg) […]

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Market Snapshot - Madison City Limits
If you are home shopping in Madison Alabama this summer it would be good to have a general feel for the market in your particular price range, prior to visiting neighborhoods and viewing specific Homes. Some of the Neighborhoods you are likely to run across while in Madison at various […]

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Huntsville Metro Area
With our July 2008 sales statistics firming up, its time to take a look at the months results and monitor the trends we have been following. Our local metro market has experienced a slow down in sales over the last 9 months and July continues this trend with demand down ~23% year-over-year. However […]

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Southeast Huntsville - Multi-Family Market Segment
In this post I want to take a brief look at one of my favorite areas of town for income producing multi-family properties, and that is the Southeast Huntsville MLS Area. As many single family home shoppers know, this is one of the more popular areas of the city, […]

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 Knox Creek - Market Conditions
This unique little neighborhood has been a long time favorite of First Time Home Buyers and Real Estate Investors alike. Its location is also somewhat unique, just a couple of blocks from Hwy 72 and 2-3 miles from one of Madison’s major shopping areas. It is located on the Huntsville / […]

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