Huntsville Real Estate

As the housing market has struggled in many parts of the country, market watchers have been waiting for signs of a bottom in the price declines that have plagued many regions of the country.
For the first time in a while, positive articles are beginning to appear in the national media. Take a look at these […]

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The National Association of Realtors reported today that:
Nationally the March sales rate for resale homes dropped 19.3 percent and the median resale home price fell 7.7 percent compared to the same month last year.
The rate of resale home sales dropped 18.8 percent in the Northeast, 22.3 percent in the West, 20 percent in […]

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A controversial election year housing bill was passed by the Senate a couple of days ago, creating a possible showdown with the White House. It is no surprise that I am not much of a fan of this bill as it will likely slowdown any much needed correction in the free marketplace.
Instead, after the politicians […]

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While real estate markets are predominately influenced by local conditions and our Huntsville Alabama Real Estate market is doing well within the current national down turn the following charts from simply hired help illustrate the current national trend in real estate employment.
With interest rates low and some buyer side price pressure within our local market, […]

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Foreclosures for the month of February, 2008 dipped 4 percent from January’s number but still were up a whopping 60 percent over February, 2007. The number while heartening also show that the foreclosure crisis is still going on.
The top states with the highest foreclosures follow the trend of where the housing bubble tracked as markets […]

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The Tennessee Department of Commerce and Insurance announced yesterday that all real estate agents will have to have their fingerprints taken and background checks done before they can sit for the real estate exam.
I wonder if they will require fingerprints for attorneys also?
Individuals will be fingerprinted by Cogent System and the company will electronically forward […]

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There is a great deal of discussion going on in the real estate world that the real estate downturn in the United States is going to mimic the 10 year downturn that Japan went through in the 1990’s. The fear of rampant deflation or at best stagflation is often the fear raised by those who […]

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The business practices of Countrywide Financial are being investigated by the FBI according to Bloomberg. While it is hard to keep track of everything, the charges of security fraud are hard to get out of if Mozilo selling a huge chunk of his stock right before the share price tanked does raise a red flag.

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Engadget has an interesting article on why homeowner associations that sign exclusive contracts for services can have it backfire.
The example they are using is the contracts homeowners associations have signed to make cable companies exclusive providers to get better rates. The problem is that with if foreclosures happen or homes go empty, the rest of […]

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