TOP 3 FACTORS THAT MAKE HUNTSVILLE ONE OF THE STRONGEST REAL ESTATE MARKETS
The fourth-largest city in Alabama, Huntsville is just a 90-mile drive on the I-65 heading north from Birmingham. Founded in 1811, Huntsville is known for its rich Southern heritage and a legacy of space missions. Huntsville actually earned the nickname “The Rocket City” during the 1960s when the Saturn V rocket was developed at Marshall Space Flight Center, which later made it possible for Neil Armstrong and Buzz Aldrin to walk on the moon.
Today, Huntsville is one of the most well-known cities in the Southeast part of the country. USA Today touted Huntsville as “one of the top communities leading the economic recovery,” while Money magazine named it “one of the nation’s most affordable cities.”
Huntsville is well known for its technology, space, and defense industries. The top employer is the military with over 31,000 jobs at Redstone Arsenal. NASA Marshall Space Flight Center is the next largest employer. The city is also home to several Fortune 500 companies, which provide a broad base of manufacturing, retail, and service industries to the area.
Why Invest Here?
Huntsville offers great opportunities for investors today. It’s one of the nation’s most affordable cities, it has a steady job market that offers STEM workers higher than average salaries, and a growing population (38% of whom are renters). These are good signs for investors interested in generating passive monthly income.
Click below to learn the top 3 factors that make Huntsville one of the strongest real estate markets today.
If you have more questions or would like to speak with a trained Buyer Specialist about YOUR opportunities to invest in Huntsville real estate, call us at 256.799.9000!