Friday, June 15, 2018

Two new rankings for Huntsville have come out: STEM, Diversity

Two new rankings have come out and both have Huntsville either at or near the top.

In 2018, Livability has ranked Huntsville #1 for STEM workers. The article can be found on Livability.com's website.

Also just out yesterday from Niche.com was the ranking of most diverse cities in Alabama regardless of population size. Huntsville came in at #5.

Also in Huntsville news, Facebook is coming to town with a new data center. This will be a 750 Million dollar facility and employ 100 workers.  Also the Curio by Hilton will be coming to Jefferson Street downtown. It will be a 30 Million dollar hotel with 100 rooms.


Huntsville Metro Area Homes

Homes on the Market as of 6/15/18

Owens Cross Roads, AL 35763
$289,900 - NEW PRICE
MLS#1094513


GORGEOUS! OPEN FLOOR PLAN ON CORNER LOT OVERLOOKING SMALL LAKE, PARK-LIKE SETTING. Fabulous granite kitchen and b'fast area w/large granite island overlooking oversized family room w/adjacent large dining room w/designer window. 3 Bedroom, 2 bath on main floor looking into lovely privacy fenced backyard. Large Master w/trey ceiling w/beautiful glamour bath and MASSIVE walk in closet. Pool table sized Bonus Room overlooking scenic small lake w/full bath, w/closets. Some attic storage. Absolutely, this house is better than new!!!


Listing Courtesy of Keller Williams Realty

Tuesday, May 29, 2018

New Listing on Market

Owens Cross Roads, AL 35763
$299,000
MLS#1094513


GORGEOUS! OPEN FLOOR PLAN ON CORNER LOT OVERLOOKING SMALL LAKE, PARK-LIKE SETTING. Fabulous granite kitchen and b'fast area w/large granite island overlooking oversized family room w/adjacent large dining room w/designer window. 3 Bedroom, 2 bath on main floor looking into lovely privacy fenced backyard. Large Master w/trey ceiling w/beautiful glamour bath and MASSIVE walk in closet. Pool table sized Bonus Room overlooking scenic small lake w/full bath, w/closets. Some attic storage. Absolutely, this house is better than new!!!


Listing Courtesy of Keller Williams Realty

Monday, May 21, 2018

New MidCity Development

There has been new developments at MidCity over the past few days. Three businesses will be either coming into or adding a second location to the area. Restaurants Wahlburgers and Rascal Flatts will be coming to MidCity with restaurant sizes just over 7,000sqft. Local establishment Alchemy Lounge coffeehouse has also made an announcement that they will be adding a 2nd location in The Camp which is a concept started by MidCity. The Alchemy Lounge original location is in Lowe Mill.




RealEstateofHuntsville

Wednesday, May 9, 2018

Low Inventory Spreads Across the US

If you read articles from other cities you will see that the Huntsville Metro Area is not isolated in having a low inventory. From Seattle, San Francisco, and Reno in the West to Richmond, Poughkeepsie, and the Delaware Riverfront in Wilmington in the East, all have been affected by lower than normal inventory. This is a sellers market. This means that seller's homes on average have a lower days on market time, possibly more offers coming in, possible higher selling price either through demand/multiple offers, and less competition with resales. As always major competition is still there with new construction which is still very strong. On the other side buyers may have the rougher part of the deal. If the buyer likes a home they may have to make a decision quicker than they would normally with other buyers interested in the same property. They might also have to survive a multiple offer situation in the hopes that the seller takes their offer. Buyers also will look at if they want to pay more for the house with the sales price increasing due to demand.

The National Association of Realtor's recent survey has indicated one strong key to low inventory was the baby boomer generation is currently less likely to sell their home and is happy with the home they currently have. Both percentages of these are over 70%. According to the NAR, this translates into approximately 33 million homes that will stay off the housing market.

Below are two graphs showing over a three year time period the gradual increases in median price per square foot and median listing prices in Huntsville, AL.


Graphs courtesy of REALTOR.com


Real Estate of Huntsville

Tuesday, May 1, 2018

Huntsville Havoc win SPHL Championship

Congratulations to the Huntsville Havoc for winning the 2018 SPHL Championship over the Peoria Rivermen in the Championship Final. Huntsville won two games out of the three with both wins coming at Peoria. This is the Havoc's second championship in the SPHL.

Today, May 1st, 2018 starting at 5.30-8PM, the Havoc will be having a victory celebration outside the Propst Arean at the Von Braun Center.



Image Courtesy of Huntsville Havoc and Wikimedia

Homes on the Market as of 5/1/18

Homes on the Market as of 5/1/18

Guntersville, AL 35976
$319,000
MLS#1084932

Magnificent view of Lake Guntersville!!! Double wide stairway leads to 60' wrap around double covered porch overlooking lake. Windows! Windows! Windows! Windows! 20' ceiling in family room w/gas fireplace. Elegant wood flooring thruout entire home. Dining Room/transom windows opens to Kitchen & Family Rm. Tremendous Gourmet Kit huge granite island, granite c'tops, canned lights. Huge 29'x15' MBR overlooking lake w/Windows Windows Windows, Huge Glam Ba leads to covered porch. MBR has 4 double doors leading to 60' wrap around covered porch. Glam Ba, dbl vanities, separate shower, jetted tub, walk in closet. 2 Bedrooms down & 2Bedrooms Up. Oversized 2 car gar. Beautiful & meticulous landscaping. THIS PROPERTY IS A MUST SEE!


Listing Courtesy of Keller Williams Realty

Madison, AL 35758
$409,900
MLS#1081492
AMAZING HOME tucked away at the back of Heritage Plantation with extras that will WOW you. WINDOWS, WINDOWS, WINDOWS!! Light and Bright! Grand great room and an outstanding gourmet kitchen in the center of the house. Kitchen has granite counters and several new appliances and beautiful cabinets. The isolated master was elegantly updated in 2015 with new cabinetry and granite. Outdoor living area is so inviting and can be accessed from the kitchen, family room or master suite. Huge entertaining party deck. One of the most peaceful and serene views of nature. A wonderful upstairs bonus room ready for entertaining. Tremendous storage!! 3-car garage and fenced back yard.


Listing Courtesy of REMAX Unlimited & Keller Williams Realty