Homes of huntsville, huntsville al mls, huntsville houses

Homes of HUntsville; National home prices have posted some of their strongest gains this year in nearly six years.
September 12th, 2012 6:32 PM
Source; Realtor Magazine
Housing Progresses, But Has it Recovered? Daily Real Estate News Tuesday, September 11, 2012
Home prices have posted some of their strongest gains this year in nearly six years. But while prices have likely hit bottom, the public shouldn’t confuse that with a full recovery. A lot more still has to happen to get to that point, analysts say. For one, inventories of homes for-sale need to reach more normal levels. The number of homes for sale are at an eight-year lows, The Wall Street Journal reports. Prices are rising in many areas but it’s because “there are more buyers chasing fewer homes and fewer distressed homes, such as foreclosures,” The Wall Street Journal reports. Also, millions of home owners are underwater, owing more on their mortgage than their home is currently worth, which is preventing them from trading up and moving to a new home. Home prices have been increasing at the fastest rate in markets that have some of the highest number of underwater home owners because so few homes are for sale, according to The Wall Street Journal. “While low inventories have helped firm up prices, they could also soon lead to year-over-year declines in sales volumes because there aren't enough homes on the market to sustain the current sales pace,” The Wall Street Journal reports. Other challenges the housing market still faces on its road to recovery include the stringent lending standards that are preventing many potential buyers from qualifying for a loan. Also, a large overhang of distressed mortgages has the potential to cause foreclosures to rise. Furthermore, if high unemployment across the country continues, it will putoff rising home prices. Source: “Housing on Mend, but Full Recovery Is Far Off,” The Wall Street Journal (Sept. 9, 2012) Huntsville Houses We can assist you in finding area houses that will meet your needs and price range.You can search the entire Huntsville MLS for houses on your own without having to register.
Source; Realtor Magazine
Number of Improving Housing Markets Grows Daily Real Estate News Tuesday, September 11, 2012 The number of metro areas showing signs of real estate market improvement expand in September, rising from 80 to 99 metro areas, according to the National Association of Home Builders/First American Improving Markets Index. "This solid growth is an encouraging sign that housing continues on a slow but steady recovery path that is gradually advancing from one local market to the next," says Barry Rutenberg, chairman of the National Association of Home Builders. The index identifies metro areas that have shown improvement in housing permits, employment, and home prices for at least six consecutive months. This month, the markets added to the list include Tucson, Ariz., Jacksonville, Fla., Springfield, Ill., Greenville, N.C., and Bend, Ore., among others. "More metros across the country are experiencing a sustained uptick in house prices, employment, and new building activity as rising consumer confidence in local market conditions pushes more people to consider a new-home purchase," says NAHB Chief Economist David Crowe. Huntsville AL MLS

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NAHB/First American Improving Markets Index (IMI)
Permits
Growth
Prices
Growth
Employment
Growth
Trough
From
Trough
From
Trough
From
MSA
Date
Trough
Date
Trough
Date
Trough
1
Fayetteville, AR
04/30/09
3.3%
03/31/11
6.5%
09/30/09
4.9%
2
Jonesboro, AR
02/28/11
2.0%
01/31/10
4.8%
06/30/09
2.3%
3
Little Rock, AR*
04/30/11
2.8%
02/28/11
1.6%
02/28/10
1.6%
4
Phoenix, AZ
03/31/09
4.3%
06/30/11
13.6%
09/30/10
4.3%
5
Prescott, AZ
08/31/10
6.1%
06/30/11
5.7%
11/30/11
2.1%
6
Tucson, AZ*
06/30/11
5.1%
09/30/11
3.7%
06/30/11
1.0%
7
Yuma, AZ*
08/31/11
6.3%
09/30/11
2.5%
12/31/11
1.9%
8
Hanford, CA
08/31/11
16.0%
07/31/11
2.3%
12/31/10
8.6%
9
Sacramento, CA*
06/30/11
7.1%
10/31/11
2.4%
07/31/11
2.8%
10
Boulder, CO
11/30/09
11.0%
01/31/11
4.6%
03/31/10
6.3%
11
Fort Collins, CO*
03/31/09
6.5%
12/31/10
5.6%
09/30/09
5.1%
12
Greeley, CO*
01/31/09
2.3%
02/28/11
8.4%
12/31/09
6.5%
13
Washington, DC
01/31/09
1.1%
01/31/11
2.5%
02/28/10
3.8%
14
Cape Coral, FL
03/31/09
4.6%
02/28/11
12.7%
01/31/10
3.9%
15
Crestview, FL*
03/31/09
2.7%
05/31/11
4.3%
03/31/10
3.6%
16
Deltona, FL
04/30/09
1.1%
03/31/11
10.2%
12/31/10
1.0%
17
Jacksonville, FL*
04/30/09
1.7%
01/31/11
0.2%
03/31/10
1.9%
18
Lakeland, FL*
01/31/11
3.1%
06/30/11
0.3%
01/31/12
1.9%
19
Miami, FL
04/30/09
4.3%
09/30/11
5.6%
01/31/10
2.8%
20
North Port, FL
05/31/09
5.0%
03/31/11
2.9%
12/31/10
1.6%
21
Orlando, FL
05/31/09
3.6%
04/30/11
3.3%
12/31/09
3.2%
22
Palm Bay, FL
04/30/09
2.0%
04/30/11
6.4%
12/31/11
1.3%
23
Pensacola, FL
05/31/09
2.9%
05/31/11
3.1%
12/31/09
2.2%
24
Punta Gorda, FL*
01/31/09
1.2%
02/28/11
5.2%
06/30/09
5.5%
25
Sebastian, FL*
10/31/09
2.1%
10/31/11
13.4%
02/28/10
2.3%
26
Tampa, FL
02/28/09
2.1%
03/31/11
8.2%
01/31/10
4.3%
27
Ames, IA
07/31/10
3.8%
02/28/11
2.3%
01/31/10
7.3%
28
Des Moines, IA*
02/28/09
3.7%
12/31/10
1.1%
08/31/10
2.2%
29
Iowa City, IA
05/31/10
3.5%
01/31/10
0.6%
12/31/09
2.5%
30
Sioux City, IA*
12/31/08
2.1%
05/31/11
1.2%
06/30/11
4.2%
31
Boise City, ID
03/31/09
3.9%
04/30/11
8.4%
06/30/10
3.9%
32
Springfield, IL*
01/31/12
0.5%
11/30/10
1.6%
04/30/09
1.4%
33
Bloomington, IN
09/30/11
4.6%
12/31/10
6.8%
12/31/08
2.5%
34
Columbus, IN
01/31/10
4.8%
08/31/11
3.6%
07/31/09
20.6%
35
Evansville, IN
03/31/09
1.8%
04/30/11
1.4%
07/31/09
4.2%
36
Muncie, IN
04/30/11
5.4%
02/28/10
2.2%
05/31/11
2.3%
37
Terre Haute, IN
02/28/11
1.1%
08/31/11
2.4%
12/31/11
1.9%
38
Houma, LA
03/31/10
1.8%
07/31/11
2.2%
06/30/11
7.2%
39
Lafayette, LA*
02/28/09
1.6%
10/31/11
1.5%
01/31/10
14.2%
40
Monroe, LA
03/31/09
2.2%
05/31/10
2.2%
09/30/09
0.8%
41
Barnstable Town, MA*
04/30/11
2.1%
06/30/11
1.4%
08/31/11
3.9%
42
Bay City, MI
08/31/10
3.5%
02/28/11
6.5%
07/31/09
3.6%
43
Detroit, MI
04/30/09
8.2%
03/31/11
6.5%
06/30/09
5.5%
44
Grand Rapids, MI
04/30/09
2.0%
02/28/11
5.8%
07/31/09
6.8%
45
Jackson, MI*
11/30/11
13.1%
02/28/11
3.2%
03/31/10
6.4%
46
Monroe, MI
03/31/09
1.9%
02/28/11
8.5%
10/31/09
4.1%
47
St. Cloud, MN
11/30/11
4.0%
03/31/11
1.0%
02/28/10
6.2%
48
Columbia, MO
11/30/08
1.9%
01/31/11
2.5%
08/31/09
3.6%
49
Jefferson City, MO
09/30/10
2.1%
04/30/11
2.5%
03/31/11
1.2%
50
Joplin, MO
12/31/10
6.5%
02/28/11
7.0%
01/31/10
7.3%
51
Kansas City, MO
03/31/09
3.2%
02/28/11
3.7%
03/31/10
1.9%
52
St. Joseph, MO
02/28/10
0.4%
03/31/11
7.2%
01/31/10
10.3%
53
Jackson, MS
03/31/09
2.1%
01/31/11
2.6%
01/31/10
2.2%
54
Greenville, NC*
08/31/10
2.5%
02/28/11
0.9%
08/31/11
1.2%
55
Jacksonville, NC
01/31/09
2.2%
09/30/11
1.4%
12/31/07
3.9%
56
Bismarck, ND
03/31/09
18.9%
01/31/10
15.2%
12/31/07
11.8%
57
Fargo, ND
04/30/09
3.9%
03/31/11
2.1%
04/30/09
7.5%
58
Grand Forks, ND
03/31/09
3.7%
12/31/10
8.8%
04/30/09
3.0%
59
Lincoln, NE
12/31/08
1.8%
01/31/11
2.5%
12/31/09
3.9%
60
Vineland, NJ
06/30/11
1.6%
03/31/11
2.9%
06/30/11
1.4%
61
Syracuse, NY
08/31/11
2.5%
02/28/11
1.9%
08/31/10
0.9%
62
Utica, NY*
12/31/11
7.9%
11/30/10
1.7%
08/31/11
2.6%
63
Canton, OH
11/30/11
9.3%
01/31/11
6.0%
10/31/09
8.0%
64
Columbus, OH
07/31/11
3.4%
02/28/11
4.7%
12/31/09
4.4%
65
Sandusky, OH
10/31/09
1.7%
03/31/11
5.1%
12/31/09
8.8%
66
Springfield, OH
01/31/11
6.8%
02/28/11
2.2%
01/31/10
5.2%
67
Lawton, OK*
01/31/12
4.3%
10/31/11
3.0%
12/31/11
1.0%
68
Tulsa, OK
02/28/11
2.0%
02/28/11
4.6%
02/28/11
3.4%
69
Bend, OR*
02/28/09
4.4%
06/30/11
1.1%
06/30/11
0.5%
70
Altoona, PA*
01/31/12
47.4%
05/31/10
3.5%
02/28/10
0.2%
71
Erie, PA
04/30/11
8.0%
02/28/11
1.4%
01/31/10
9.9%
72
Pittsburgh, PA
02/28/09
1.8%
01/31/10
5.7%
02/28/10
4.9%
73
Greenville, SC
09/30/10
3.0%
12/31/10
1.9%
09/30/09
3.6%
74
Rapid City, SD*
11/30/11
7.9%
03/31/11
1.4%
02/28/10
2.5%
75
Clarksville, TN
05/31/08
0.9%
02/28/11
2.3%
03/31/09
5.7%
76
Cleveland, TN*
01/31/09
0.8%
11/30/10
2.9%
01/31/12
2.9%
77
Knoxville, TN
10/31/11
2.0%
02/28/11
2.5%
08/31/09
6.7%
78
Amarillo, TX*
10/31/08
1.3%
11/30/10
0.8%
04/30/10
5.7%
79
Austin, TX
07/31/11
4.3%
01/31/11
6.5%
09/30/09
8.0%
80
College Station, TX*
10/31/10
2.6%
09/30/10
2.7%
01/31/08
6.4%
81
Dallas, TX
03/31/09
1.6%
02/28/11
4.7%
12/31/09
5.4%
82
Houston, TX
04/30/09
1.3%
08/31/11
6.6%
12/31/09
7.5%
83
Laredo, TX
12/31/08
1.1%
04/30/10
5.8%
09/30/09
9.6%
84
Lubbock, TX
09/30/11
7.0%
09/30/11
0.9%
09/30/10
4.4%
85
McAllen, TX
01/31/09
0.6%
11/30/10
1.5%
12/31/07
4.8%
86
Midland, TX
04/30/09
3.9%
01/31/10
19.3%
08/31/09
18.9%
87
Odessa, TX
02/28/09
19.8%
10/31/10
11.3%
08/31/09
23.9%
88
San Angelo, TX
12/31/10
3.4%
04/30/11
10.2%
06/30/09
7.1%
89
San Antonio, TX
04/30/11
1.3%
12/31/10
4.6%
09/30/09
4.2%
90
Texarkana, TX
08/31/11
14.6%
01/31/10
0.6%
10/31/09
8.6%
91
Victoria, TX
09/30/10
5.0%
02/28/11
11.9%
11/30/09
5.6%
92
Waco, TX*
04/30/09
1.7%
01/31/10
3.9%
01/31/12
1.8%
93
St. George, UT
03/31/09
4.1%
05/31/11
7.2%
12/31/09
3.3%
94
Charlottesville, VA*
04/30/09
0.2%
08/31/11
0.3%
01/31/10
4.2%
95
Kennewick, WA*
03/31/09
3.0%
10/31/11
2.9%
12/31/07
8.5%
96
Mount Vernon, WA*
11/30/11
5.7%
10/31/11
0.6%
02/28/10
2.1%
97
Huntington, WV*
01/31/09
2.1%
03/31/10
6.8%
06/30/11
2.0%
98
Casper, WY
06/30/11
8.9%
01/31/10
4.4%
12/31/09
10.5%
99
Cheyenne, WY
12/31/08
3.6%
11/30/10
4.9%
01/31/10
5.3%
* New this month
DROPPED this month
Gadsden, AL
Dover, DE
Hinesville, GA
Rome, GA
Warner Robins, GA
Bowling Green, KY
Springfield, MA
Saginaw, MI
Burlington, NC
Goldsboro, NC
Florence, SC
Parkersburg, WV

Notice for 2013 HAAR Huntsville AL MLS Director Nominations The Nominating Committee of the Huntsville Area Association of REALTORS will meet on Tuesday, October 4, 2012 from 1:30PM - 2:30PM (directly following the membership meeting) so that members may appear before them to offer nominations. More info to follow. HAAR Bylaws Article XI. Officers and Directors, Section 5A. - Election of Officers and Directors. Please contact Sid Pugh, Nominating Committee Chair (Sid@pughgroup.com) or Christina Hearne at HAAR (Christina@hbrmls.com) if you have any questions regarding this notice. There are 7 Director positions to be filled. Below are your Directors serving through 2013: Cindy Allen Lori Carter Betty Hughes Steven Lamar Zelda Lanza Clif Miller Michael Rosenblum Robert Simons Rod Weaver Ex Officio (2 Past presidents): Valerie Miles Bill Ward

5 Strong Performing Housing Markets Daily Real Estate News Tuesday, September 11, 2012 Several real estate markets are showing signs of recovery, with median home prices and sales rising. But which homes of Huntsville markets are showing some of the strongest signs of recovery? 24/7 Wall St. recently evaluated home price changes for the year ending in July, foreclosure data, the unemployment rate, and other factors to help determine which housing markets are performing some of the strongest. The states that emerged on top of the list are: 1. Arizona Home price change in the last year year: +16.6% Median home price: $248,229 2. Idaho Home price change in the last year: +10% Median home price: $85,000 3. Utah Home price change in the last year: +9.3% Median home price: $129,000 4. South Dakota Home price change in the last year: +8.3% Median home price: $101,700 5. Colorado Home price change in the last year: +7.3% Median home price: $240,000