Huntsville, Alabama Housing Market Report | March 2024

 

The housing market numbers  for Huntsville, Athens, and Morgan County in March 2024 showed a significant surge in inventory across North Alabama. With increases of up to 50% in some areas, sellers are navigating a shifting landscape as more homes enter the market. Despite a decrease in closed sales, pending sales show promise for the year ahead. While the market remains favorable for sellers, rising home values present challenges for buyers. Whether you're an experienced investor or a potential homeowner, this comprehensive analysis provides invaluable insights into crucial trends affecting affordability, and housing supply to keep you the most informed whether you're buying or selling a…

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Should I Pay Buyer's Agent Commission? | Pros & Cons

Are you thinking about whether to pay a buyer's agent commission? The National Association of Realtors (NAR) commission settlement has sparked discussions on this matter. The proposed changes could potentially shift the landscape, affecting how buyer compensation is advertised and offered. As you weigh your options, it's crucial to consider both the pros and cons. Our exploration dives into the implications of offering buyer agent commissions, shedding light on factors like market exposure, sales speed, and the impact on your bottom line. Whether you're a seasoned seller or new to the market, understanding these dynamics can help you make a more informed decision when buying or selling a home…

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Should You Hire a Buyer's Agent? | Pros, Cons, and New Rules

 

The NAR Settlement has drawn attention, sparking discussions about its implications for homebuyers in real estate. At the heart of these discussions lies the fate of buyer agent commissions. Anticipated are two significant rule changes, pending approval, poised to reshape certain aspects of the homebuying process. Firstly, there's the expansion of buyer compensation advertising beyond the MLS, potentially transforming how buyers interact with property listings. Additionally, the proposed requirement for a buyer's agreement before property viewings aims to provide clarity and protection for both buyers and agents. But what do these changes mean for homebuyers navigating the market? From…

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