TAG January 2024 Newsletter

January Newsletter 2024 TAG

A new year has passed, and 2023 is in the books. We experienced the thrill of the real estate market in 2022, from the "What just happened?" to the "How did interest rates get close to 8%?" in 2023. To say the least, it's been a wild ride.

A look back...

Last year was a very different picture from 2022. The number of single-family homes sold in Madison County dropped from 7,554 sales in 2022 to 6,072 in 2023. Prices rose 2.5% to $378,898, and the Days on the Market ballooned from 14 to 36 days. Inventory has remained low. Builders controlled the market by offering lower-than-market interest rates. Sellers felt nostalgic for the multiple offers of yesteryear.

Looking forward...

Unemployment is hovering in the low 2% range, well below national averages. We are the #1 Best Job Market in the U.S., according to A Smart Place. Businesses are still hiring. Subdivisions are still making way for new homes. New restaurants are creating tasty cuisine. Road systems are being improved, and new ones are being built to handle the fast-paced population growth. For more, visit https://wearehuntsville.com/coming-soon-to-huntsville-and-madison/.

-The Abercrombie Group

TAG January 2024 Newsletter

LISTING HIGHLIGHT

 

Featured listing

 

Located in the Heart of the Medical District, this home is a quick walk to Whole Foods, shopping, restaurants, and more. You will love the updates including a remodeled kitchen with quartz countertops, a farmhouse sink, and stainless steel appliances. This home has 4 BRs/3BAs and offers a great floor plan for entertaining and hanging with your family. There is a cozy sitting room with a fireplace off the kitchen along with an oversized family room with a trey ceiling. The master BR is spacious with a large master bath complete with a soaking tub and shower. Enjoy the private backyard and deck. Minutes to Huntsville High, Redstone Arsenal, and Research Park.

 

 

NOW OPEN: Rocket City Dog Bar

 

NOW OPEN: Rocket City Dog Bar

 

NOW OPEN: Rocket City Dog Bar-take a peek inside [PHOTOS] - Hville Blast

 

🐶 NEW DOG BAR: Rocket City Dog Bar is now open, featuring a huge outdoor play area, fantastic taproom, heated patio + more. Take a look inside 👇 #dogbar #huntsvilleal

 

 

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(MATCHING YOUR CRITERIA) HITS THE MARKET.

 

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