{"id":13868,"date":"2012-06-30T11:47:10","date_gmt":"2012-06-30T16:47:10","guid":{"rendered":"http:\/\/athomeshuntsville.com\/realestate\/?p=13868"},"modified":"2012-06-30T11:47:10","modified_gmt":"2012-06-30T16:47:10","slug":"huntsville-real-estate-market-recovery-2012","status":"publish","type":"post","link":"https:\/\/athomeshuntsville.com\/realestate\/2012\/06\/30\/huntsville-real-estate-market-recovery-2012\/","title":{"rendered":"Huntsville Real Estate Market &#8211; Recovering in 2012!"},"content":{"rendered":"<p>With the first half of 2012 nearly behind us I took a brief look at what is shaping up to be a recovery year for the <strong>Huntsville Real Estate Market<\/strong>.<\/p>\n<p>I have tracked the sales data back to 2006, when our market was nearing its all time peak and I\u2019m happy to announce \u00a0&#8230;BUYERS ARE BUYING! The following chart shows <strong>Huntsville Home Sales<\/strong> for the first 5 months of the proceeding 6 years, and while we will likely not obtain home sales approaching our peak years, the current trend is in the right direction; with 2012 likely to out pace both 2010 and 2011.<\/p>\n<div id=\"attachment_13900\" class=\"wp-caption aligncenter\" style=\"width: 550px\">\n\t<a href=\"\/\/athomeshuntsville.com\/realestate\/wp-content\/uploads\/2012\/06\/midYearHuntsvilleHomeSales.jpg\"><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-13900\" title=\"midYearHuntsvilleHomeSales\" src=\"\/\/athomeshuntsville.com\/realestate\/wp-content\/uploads\/2012\/06\/midYearHuntsvilleHomeSales-500x315.jpg\" alt=\"\" width=\"550\" height=\"350\" \/><\/a>\n\t<p class=\"wp-caption-text\">Jan 1 - May 31st Annual Comparison<\/p>\n<\/div>\n<p>Sold terms and market statistics, madison county, 2006-2012 1\/1-5\/31.\u00a0What you\u2019ll notice in the charts below are several things that I believe will begin to improve, once we work off our over supply of inventory.<\/p>\n<p>I predict our\u00a0<a title=\"Huntsville, Al absorption rates\" href=\"\/\/athomeshuntsville.com\/realestate\/2008\/03\/02\/what-is-absorption-rate\/\">Huntsville absorption rates\u00a0<\/a>will slowly move into a balanced market in most price ranges, with the exception of our upper end sellers who will be duking it out over the few buyers searching in that range.\u00a0 I believe the upper end recovery could continue to be a slow and painful one for the luxury and executive homes in Huntsville.\u00a0 \u00a0 Those that are on board and willing to take the hit will be successful in moving on.<\/p>\n<div id=\"attachment_13870\" class=\"wp-caption aligncenter\" style=\"width: 550px\">\n\t<a href=\"\/\/athomeshuntsville.com\/realestate\/wp-content\/uploads\/2012\/06\/2006-2012-Madison-County-Home-Sales-1-1-to-5-31.png\"><img decoding=\"async\" loading=\"lazy\" class=\"size-large wp-image-13870\" title=\"2006-2012-Madison-County-Home-Sales-(1-1-to-5-31)\" src=\"\/\/athomeshuntsville.com\/realestate\/wp-content\/uploads\/2012\/06\/2006-2012-Madison-County-Home-Sales-1-1-to-5-31-500x456.png\" alt=\"\" width=\"550\" height=\"456\" \/><\/a>\n\t<p class=\"wp-caption-text\">Sold Terms DaysOnMarket 2006 -2021<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p>2007 was our peak market and it appears that 2011 may very well be our low, on a steady recovery over the next few years.\u00a0 You\u2019ll notice the number of homes sold, and list to sale price took a huge hit in 2011 and 2012 is showing up to be a great recovery year for the Huntsville Real Estate market.\u00a0 Music to our ears.<\/p>\n<p>&#8211; Elizabeth<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the first half of 2012 nearly behind us I took a brief look at what is shaping up to be a recovery year for the Huntsville Real Estate Market. I have tracked the sales data back to 2006, when our market was nearing its all time peak and I\u2019m happy to announce \u00a0&#8230;BUYERS ARE [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[26,55],"_links":{"self":[{"href":"https:\/\/athomeshuntsville.com\/realestate\/wp-json\/wp\/v2\/posts\/13868"}],"collection":[{"href":"https:\/\/athomeshuntsville.com\/realestate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/athomeshuntsville.com\/realestate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/athomeshuntsville.com\/realestate\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/athomeshuntsville.com\/realestate\/wp-json\/wp\/v2\/comments?post=13868"}],"version-history":[{"count":0,"href":"https:\/\/athomeshuntsville.com\/realestate\/wp-json\/wp\/v2\/posts\/13868\/revisions"}],"wp:attachment":[{"href":"https:\/\/athomeshuntsville.com\/realestate\/wp-json\/wp\/v2\/media?parent=13868"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/athomeshuntsville.com\/realestate\/wp-json\/wp\/v2\/categories?post=13868"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/athomeshuntsville.com\/realestate\/wp-json\/wp\/v2\/tags?post=13868"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}