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…

336 Views, 0 Comments

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…

368 Views, 0 Comments

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…

567 Views, 0 Comments

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…

752 Views, 0 Comments