Huntsville, AL Housing Market Report | October 2024



The housing market across North Alabama continues to adjust, reflecting shifts in pricing, inventory, and buyer behavior. Markets like Huntsville, Athens, and Morgan County are seeing notable differences in sales activity and affordability, with builders offering competitive incentives and buyers benefiting from a broader range of options. While overall inventory has increased, creating more balanced conditions, the dynamics of each market vary significantly. Sellers face new challenges in pricing competitively, while buyers have opportunities to leverage affordability improvements and builder concessions. These trends provide insight into where the market is headed and how current conditions…

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2024 Election Impact: Huntsville's Real Estate Forecast for 2025

The potential impact of a Trump presidency on real estate in Huntsville, Alabama, is shaped by various economic factors and policy decisions. Unlike 2016, today's landscape includes higher mortgage rates, inflation concerns, and significant national debt. Understanding how these elements could influence interest rates and home values is crucial for buyers, sellers, and investors. Interest rate movements hinge on multiple scenarios, including Trump's possible influence over the Federal Reserve and broader economic policies. Housing values, on the other hand, may be affected by affordability challenges and policy shifts. Insights into these dynamics provide a clearer picture of what…

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NAR's Clear Cooperation Policy Explained

The National Association of Realtors (NAR) is still facing legal challenges. The Clear Cooperation policy, which has been controversial, is set to go to trial by the Justice Department in late 2025. After the significant class action settlement involving NAR and several major franchises, it feels risky for NAR to continue with the Clear Cooperation policy. This policy has previously been criticized by the Justice Department and has faced lawsuits in the past.

Locally, our team has addressed similar policies through legal action with our local real estate board. Unfortunately, we eventually had to decide that continuing the fight against the National Association of Realtors' Clear Cooperation policy was…

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Ask a Real Estate Agent | Robert Lewis



Top agent Robert Lewis joins Matt Curtis to break down current trends impacting home sales and what sellers can expect in today’s real estate market. Covering everything from buyer behaviors and pricing strategies to the critical importance of the first 30 days on market, Robert provides insight drawn from his years of experience in house flipping, rental investments, and data-driven listing strategies. The discussion addresses rising inventory, shifts in buyer interest, and the growing prevalence of withdrawn and expired listings, offering sellers practical advice on how to navigate these conditions and secure a sale. With projections for late 2024 and 2025, this article sheds light on strategies that help…

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Huntsville, AL Housing Market Report | September 2024

The housing market in North Alabama is showing signs of returning to pre-pandemic conditions, with inventory levels rising and home prices adjusting from summer highs. While on paper the numbers suggest a balanced or slight seller’s market, the reality for many sellers and buyers feels different due to the influence of buyer incentives and builder concessions. As inventory grows and homes stay on the market longer, sellers may need to adapt their strategies to meet shifting buyer demands. Key stats from Huntsville, Athens, and Morgan County provide insight into how these changes are shaping the market for both buyers and sellers.

Huntsville, AL September 2024 Housing Stats

The average…

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Love Thy Neighbor: Matt Curtis Real Estate Partners with Casas por Cristo to Build Homes in Central America

Matt Curtis Real Estate is excited to announce its partnership with Casas por Cristo, an organization dedicated to building homes and nurturing communities in areas of need. This year, we will sponsor the construction of one home in Nicaragua, and two homes in Guatemala.

Since its inception in 1993, Casas por Cristo has been committed to improving lives by building homes and fostering community connections. With a mission grounded in faith and service, the organization has built over 6,500 homes across Mexico, Central America, and the Caribbean, providing families with safe and dignified living conditions.

“To whom much is…

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Why Homeowners Are 40x Wealthier Than Renters

Homeownership plays a crucial role in building personal wealth and maintaining a strong middle class. The financial advantages of owning a home go beyond just having a place to live—it directly impacts your net worth. With rising inflation and ongoing government spending, the gap between homeowners and renters continues to widen. This article outlines the key ways homeownership helps build wealth, from property appreciation and principal reduction to tax savings and fixed-rate mortgages. Understanding these principles can give you an edge in securing your financial future and taking advantage of long-term stability.

 

Homeowner vs Renter Wealth Gap is Growing

 

You’ve probably heard about…

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Are Home Sellers in Huntsville Really Spending $54,000?

The Huntsville Times recently published an article about the high costs of selling a home, quoting a survey by Clever Real Estate that reported home sellers spent an average of $54,000. That number seems astronomical. Was it just clickbait or solid journalism from the Huntsville Times? I'll say it: the Huntsville Times does an amazing job covering our local area. It's easy to take data from Clever Real Estate or elsewhere and simply report it to our local market without deeper analysis.

As you all know, each real estate market is different, including Huntsville. The fees associated with real estate transactions vary from market to market. What the Huntsville Times should have done…

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