Does Raising Interest Rates Help Inflation? | Huntsville, Alabama Housing Market News

Interest rates are at the highest levels that they've been in 20 years and inflation is at the highest levels that we've seen since the 1980s. The Fed continues to raise interest rates to combat inflation but does raising interest rates actually impact and lower inflation?

Economics comes down to supply and demand. Most purchasers of big-ticket items such as boats, cars, and homes are also borrowers. Raising interest rates affects the demand for those products because the purchasers are likely to borrow less as a result.. The ‘wealth effect’ is another factor that affects demand. As interest rates rise, that typically has a negative impact on the stock market…

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SNEAK PEEK LISTINGS FOR OCTOBER 14TH | HOMES FOR SALE IN HUNTSVILLE, AL AREA


1909 Indian Hills Road - $403,000

1909 Indian Hills Road, Hartselle, Alabama 35640

4 Bed | 3 Bath | 2,338 sqft

Talk to an MC Agent today for more info or call 256-270-9393!

10296 Saint Alban Boulevard - $270,000

10296 Saint Alban Boulevard SW, Huntsville, 35803

3 Bed | 2 Bath | 1,525 sqft

Talk to an MC Agent today for more info or call 256-270-9393!

102 Elko Junction - $450,000

102 Elko Junction, Madison, Alabama 35758

3 bed | 3 bath | 2,714 sqft

Talk to an MC Agent today for more info or call 256-270-9393!

6836 Wintercrest Way SE - $315,900

6836 Wintercrest Way SE, Owens Cross Roads, Alabama 35763

4 bed…

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2023 Housing Market Predictions 

As we begin Q4 of 2022, rising interest rates, low housing supply, and fear of a real estate crash have many buyers and sellers trying to predict what they should do as we end 2022 and move into 2023. Below, we’ll break down what you can expect for 2023 when buying or selling a home in Huntsville, AL.

2022 & 2023 Housing Price Appreciation

The housing market is beginning to shift which has all the major forecasters now updating their predictions for the remainder of 2022 and heading into 2023. Seven of the major forecasters are predicting an average of 11.3% appreciation for 2022, predictions range from 9.3% all the way up to 16% for the 2022 market, which is still an above-average appreciation for real…

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Sneak Peek Listings for October 7th | Homes For Sale in Huntsville, AL Area

132 Stillwell Drive - $260,000

132 Stillwell Drive, Toney, Alabama 35773

3 bed | 3 bath | 1,762 sqft

Talk to an MC Agent today for more info or call 256-270-9393!

709 Argyle Road - $215,000

709 Argyle Road NW, Huntsville, Alabama 35811

4 bed | 2 bath | 1,500 sqft

Talk to an MC Agent today for more info or call 256-270-9393!

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Huntsville, AL Housing Market Update | September 2022

In the September Housing Market update for Huntsville, AL, we’ll take a look at housing affordability, housing inventory, and what to expect for the rest of 2022. If you’re looking to buy or sell a home in Huntsville, AL, this information can help you make the best decision based on your situation.

Huntsville, AL Housing Affordability

Affordability continues to be down. Single-family homes are becoming less affordable with the housing affordability index down from 129 this time last year to 90 for single-family homes. Anytime affordability gets below 100, it means that the average income in our market cannot afford the average price range home in the Huntsville market. The good news,…

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Where Are Interest Rates Heading?


The Federal Reserve raised interest rates for the fifth time in 2022 at their September 21st meeting. The Fed continues to be aggressive in raising rates with a 0.75% rate hike this time around to put the federal funds target rate in the 3% to 3.25% range.

If you’re looking to buy a home in Huntsville, AL, you might be wondering how that’s going to impact real estate interest rates over the coming months. As a quick reminder, the Fed funds rate does not directly affect the mortgage rate, but it does have a major impact. 

When Will The Fed Raise Interest Rates Again? 

The Fed is predicting that they're going to continue to increase interest rates at their two remaining meetings in 2022 with an end…

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Sneak Peek Listings for September 30th | Homes For Sale in Huntsville, AL Area

340 Lofton Road - $425,000

340 Lofton Road NW, Huntsville, Alabama 35806

3 Bed | 3 Bath | 2,409 sqft | .96 Acre Lot Size

Talk to an MC Agent today for more info or call 256-270-9393!

104 Bedford Lane - $230,000

104 Bedford Lane, Harvest, Alabama 35789

3 Bed | 2 Bath | 1,300 sqft

Talk to an MC Agent today for more info or call 256-270-9393!

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Madison Street Festival 2022

The Madison Street Festival is held in downtown Madison to celebrate the people, art, food, and music of Madison. The MSF kicks off at 9am with a parade immediately followed by the opening ceremonies at the Church Street stage. Throughout the day there will be plenty to do as you enjoy the artist alley, view the car show, taste delicious food, listen to live music, and more!

While attending the MSF, be sure to stop by our Matt Curtis Real Estate booth at the corner of Church Street and Front Street. We’ll have over $1,000 worth of prizes up for grabs as well as a chance to have your child’s billboard design featured on an ACTUAL BILLBOARD for a day!

Billboard Design Contest

Children 12 and under can stop by…

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Are Huntsville, Alabama Homes Overvalued?

There has been a lot of hype and clickbait articles predicting what will happen in the housing market not only nationally, but locally as well. The latest clickbait article that came across my desk was titled “Housing Correction Coming to Alabama: See the State's Most Overvalued Real Estate Market”. 

They made two points in the article: 

1) Home prices have outpaced income growth and 

2)  Huntsville is at the top of the state's list at 37.12% overvalued compared to the area's income levels.

 

Are Huntsville homes overvalued and is a housing correction coming to the market? Let’s look at the facts:

Rising Cost of Living

Overvalued is probably not the right term, higher cost of living is…

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Sneak Peek House Listings for September 23rd

111 Autumn Cove - $399,000

111 Autumn Cove, Madison, AL 35756

4 Bed | 3 Bath | 2,200 sqft

Talk to an MC Agent today for more info or call 256-270-9393!

1409 Liberty Drive - $149,900

1409 Liberty Drive, Madison, AL 35758

2nd Floor Condo | 2 Bed | 2 Bath | 1,002

Talk to an MC Agent today for more info or call 256-270-9393!

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