February Newsletter TAG 2024

Newsletter Feb 2024

Spring Fever in January...

Many of you experienced the real estate brakes during the fourth quarter of 2023 as interest rates rose close to 8%. The seller's market slowed and gave way to negotiating. It's such an ugly word for a seller, but much appreciated by the purchasers.  

Generally speaking, the real estate market starts to pick up steam as winter leaves and spring rolls in late March. This year feels different. Buyers are jumping off the sidelines and are buying houses. The number of homes on the market in Madison County took a dive from its highs of last year, and the number of under-contract homes is on the rise.

The average home price in January was almost $32,000 higher than in January of 2023. Our average days on the market are just over 44 days.  We are receiving a renewed interest from investors. Those relocating to the area have been rejuvenated with a new year.  The excitement for real estate is returning more quickly than many thought.

-The Abercrombie Group

market updates

Downtown Rescue Mission Glow Run 5K

Downtown Rescue Mission Glow Run 5K 

Let's GLOW crazy, Huntsville! Grab your glow sticks and start training for Downtown Rescue Mission's GLOW Run 5K on Saturday, March 2nd. If you would like to participate in this event TAG would love to sponsor you. Please let us know by responding to this email. 

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