Huntsville Housing Market Report | August 2023

The August 2023 Huntsville Housing Report is here, and it brings insights into the local real estate landscape. We'll be discussing the impact of reduced new listings on both sellers and buyers, along with the implications of declining pending sales. Closed sales have taken an unexpected turn, particularly in the context of new construction projects. Median sales prices are also under the spotlight, showing interesting trends across various areas. Housing affordability remains a concern as it continues to fluctuate, influenced by rising interest rates. Lastly, we'll look into housing inventory and supply, revealing key indicators of the current market status. If you’re looking to buy or sell a home…

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Sneak Peek Listings for September 22nd



1011 Bluefield - $599,900

1011 Bluefield Avenue SE, Huntsville, Alabama 35801

4 Bed | 2 Bath | 2,086 sqft

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

26011 Camden - $289,900

26011 Camden Court, Athens, Alabama

3 Bed | 2 Bath | 1,850 sqft

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

 

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Expert Advice for Homebuyers & Sellers in Huntsville, AL 

With a shifting real estate market and high-interest rates leaving homebuyers and sellers uncertain about their next steps, we look at the current real estate landscape in Huntsville, Alabama and break down the opportunities available, whether you're buying or selling your home.

For homebuyers, now presents a prime opportunity despite the higher interest rates. For home sellers, the low supply could offer the perfect chance to capitalize on rising equity, but it's crucial to consider market factors. While interest rates are impacting the residential real estate market, the influence of commercial real estate on regional banks could potentially lead to repercussions for borrowers.

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Sneak Peek Listings for September 15th

14054 Leafmore - $595,000

14054 Leafmore Drive SE, Huntsville, Alabama 35803

4 Bed | 3 Bath | 2,789 sqft

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

13731 Arbor - $450,000

13731 Arbor Ridge, Madison, Alabama 35756

4 Bed | 2 Bath | 2,839 sqft

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

6396 & 6394 Green Meadow - $45,000

6396 & 6394 Green Meadow Road NW, Huntsville, Alabama 35810

0.76 Acre Lot

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

 

 

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Interest Rate Shifts & Unique Homebuyer Opportunities

In an ever-evolving real estate landscape, buyers and sellers are navigating shifting interest rates that have transformed the market over the past year. Matt examines how these interest rate shifts may impact your housing decisions, whether you're a buyer seeking opportunities or a seller strategizing in today's unique environment. This article could assist you in deciding whether now is the best time to buy or sell your house in Huntsville, Alabama.

Interest Rate Shifts and Market Outlook

As buyers seem to be becoming accustomed to this higher interest rate environment, which transitioned from the high-2s and low-3s just a little over a year ago to the high-6s and low-7s this…

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Sneak Peek Listings for September 8th

24180 Beacon - $580,000

24180 Beacon Circle, Athens, Alabama 35613

4 Bed | 4 Bath | 3,388 sqft

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

24 Green Creek - $575,000

24 Green Creek Road, Madison, Alabama 35756

4 Bed | 3 Bath | 3,173 sqft

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

250 New Bristol - $379,000

250 New Bristol Lane, Madison, Alabama 35756

4 Bed | 2 Bath | 1,933 sqft

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

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Interest Rate Forecast 2023-2024: Predictions, Trends, and Influential Factors


Get a comprehensive understanding of the 2023-2024 interest rate forecast and the factors at play. While the recent US credit downgrade and shifts in bank ratings make headlines, our focus is on what these developments mean for future interest rates. We'll dissect the connections between credit scores, market sentiments, and economic indicators that shape these rates. Expert insights will uncover potential effects on mortgage rates and the broader real estate market. Come along as we navigate the evolving interest rate landscape in the months and beyond.

Fitch Downgrades US Credit Rating

A recent factor playing a significant role in current interest rates is the…

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Sneak Peek Listings for August 25th

503 Thoreau Spring - $549,500

503 Thoreau Spring Court, Madison, Alabama 35758

4 Bed | 3 Bath | 2,855 sqft

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

114 Inwood - $530,000

114 Inwood Trail, Madison, AL 35758

5 Bed | 4 Bath | 3,402 sqft

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

15543 Ironcrest - $435,000

15543 Ironcrest Drive, Harvest, Alabama 35749

4 Bed | 3 Bath | 2,640 sqft

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

 

105 Sunset - $329,000

105 Sunset Trail, Madison, Alabama 35758

3 Bed | 2½ Bath | 1,900 sqft 

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

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Is The Housing Recession Over? 



The housing market landscape has undergone a significant shift but the housing recession is over, according to chief economist for NAR Lawrence Young. This announcement raises interesting questions about the factors contributing to this turnaround and the potential implications for both buyers and sellers. In this article, we'll delve into the evidence supporting this claim, exploring key indicators like rising home prices, builder confidence, and changing interest rates. Additionally, we'll address the influence of commercial real estate trends on the residential sector and provide insights into what the near future might hold for the housing market. Whether you're a first-time homebuyer or a seasoned investor,…

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Matt Curtis Real Estate and Kids to Love Foundation Unite for Curtis Cares Center Groundbreaking


MADISON, Ala. — The Kids to Love Foundation and Matt Curtis Real Estate will join together Thursday,  Aug. 24 at 10 a.m. at the Kids to Love Center to celebrate the Curtis family’s support of the Foundation’s  new facility under construction.

Matt and Courtney Curtis will join members of Kids to Love for a ceremonial groundbreaking of the  Curtis Cares Center at the center’s future home, located at 140 Castle Drive in Madison. The Curtis Cares  Center is made possible by a $250,000 donation from Matt and Courtney Curtis.

The Curtis Cares Center will be an expansive space that will allow Kids to Love's Emergency Assistance,  More Than a…

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