I am a Huntsville native. I grew up here & after living many places throughout the country I recently moved back. The last place that I lived prior to settling back in Huntsville was in Nashville where I moonlighted as a wholesaler in their cutthroat real estate market. At the time (2014-2016) middle Tennessee's real estate market was number one in the nation (or so I’ve been told).
**mini footnote: A wholesaller is similar to a Real Estate agent, but without the fees & deals worked are always off market, exclusive deals.
It was extremely competitive and very exciting and I learned a whole lot.
One of the challenges with the market in Madison County is that there are many many deep pockets not only in the area but also those that have trickled down from Middle Tennessee not to mention investors from throughout the world
that are looking invest in real estate just like you.
A lot of my Nashville Buyers have been asking about purchasing deals in Madison county for years.
Real estate agents that I have worked with in the area say that there is zero inventory and if something comes available, the buyer has to be 100% ready otherwise someone else will get the deal.
That being said, I personally think that there is a lot of potential in untapped areas of Madison County.
One of the biggest differences between Nashvilles market in Huntsville‘s is that there hasn’t been anyone that has been brave enough to build/Rehab/re-vamp areas that are undesirable i.e. north side.
Britney Turner with Ariel development out of Nashville made millions from re-habbing unsavory areas and turning them into hipster/family friendly neighborhoods.
I could go on for days about these topics! Your best bet is to get to know wholesalers and other investors especially the seasoned ones since they will come across deals before they hit the market.
I am not sure if all that rambling helped at all! At any rate, I would like to be the first to welcome you to Huntsville!
