Found 4 blog entries tagged as Huntsville Real Estate News.

Huntsville Receives Top Credit Rating

Once again, the city of Huntsville, Alabama has achieved a Triple-A credit rating from both Moody’s and S&P Global Ratings. That's right, Triple-A!

Now, you may be thinking, what's the big deal about a credit rating? Well, a Triple-A credit rating means that Huntsville is considered to be of the “highest quality, with minimal risk” and reflects the City’s ability and willingness to meet their financial obligations. This is a significant accomplishment, as the average for municipalities is AA, and compared to the corporate world, it's BA.

What's even better is that this Triple-A rating means that the city of Huntsville has the lowest interest rate possible. Out of all the cities in Alabama, only three have…

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Huntsville Housing Inventory Update

Housing inventory in Huntsville is up and down all at the same time. The housing market is a topic that's on everyone's mind in 2023, and with good reason. With over 28 million Americans hoping to buy a home this year, it's no wonder that demand is high. However, there's a significant supply and demand imbalance, we'll look at the current state of the housing market to help you decide if now is the best time to buy a home or sell your house in Huntsville, Alabama.

Locally, there were 2,642 active listings in the Huntsville housing market for January. This is up 93.4% from 1,366 active listings in January 2022. Nationally in 2023, housing inventory has made a significant jump year-over-year to 625,875 active…

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Is Huntsville Building Too Many Apartments?

Huntsville, Alabama, is building so many apartments that Scott Turner of AL.com is renaming the Rocket City to the ‘Apartment City’. The number of new apartment units has increased by 65% in the last year, yet the city has only grown by 5.8%.

Huntsville Needed More Apartments

Huntsville did need an apartment upgrade with all the new jobs coming to the area such as Mazda-Toyota, Blue Origin, and FBI, but did we really need this many apartments? Not only did we have a record year with new apartments and a 65% increase in units over the past year. We also have a lot more units coming available as well. We have 44 apartment complexes with 8,800 units under construction and another 34 apartment…

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Huntsville, AL Housing Market Update | November 2022

Home sales are down 27% year over year, yet prices are still up 8.7% year over year. Housing affordability and the mortgage rate lockdown effect are continuing to push the number of homes sold down, we’ll look at what effects these and other factors had on the Huntsville housing market in November. 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.

New Listings, Pending Sales, & Days on Market

New listings are down 16% year over year, which is due to this mortgage rate locked down we’re experiencing. In fact, there are a lot of sellers that have rates starting in the 2’s or 3’s which are ultra-low interest…

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