Huntsville, Alabama Real Estate - BRAC - Base Realignment and Closure

The Huntsville, Alabama real estate market is expected to grow robustly in the near future in part because of the recommendation now in place of the Base Realignment and Closure (BRAC). A multiple Military Base Closure and relocation to Redstond Arsenal Military Base located in Huntsville, Alabama.

Approx. 4,700 government jobs are expected to move to Huntsville with the relocation of the Army Material Command, Army Security and Assistance Command, and Space & Missile Defense Command headquarters.

The Huntsville, Alabama real estate market and Madison County in general rely heavily economically on the Redstone Arsenal, which sits right outside of Huntsville. The presence of the Department of Defense and NASA not only bring a lot of government jobs to the area, but a variety of supportive industry jobs as well. Huntsville is home to major employers in the electronics, information technology, telecommunications and biotech industries. The large government and commercial presence has had a direct positive effect on the quality of life in Huntsville.

This relocation is expected to move hundreds of people from the Washington, D.C. area and all over the country into our area. Most are expected to buy Huntsville, Alabama real estate here. This is an attractive move for many, as Huntsville is nestled in the beautiful foothills of the Appalachian Chain, has numerous employment opportunities and highly-rated schools, yet it is among the lest expensive places to live in the nation.

One can live a similar lifestyle as they did in Washington, D.C. for a 36% less income, yet most civilian DoD workers make only 2% less in Huntsville. Nice, affordable and new Huntsville, Alabama real estate for sale is popping up at a rapid pace throughout this 148 square mile Alabama city.

New communities with a wide range of properties meet the needs of a variety of new and current homeowners. The current population of over 160,000 people consists mostly of well-educated professionals with high-level degrees. Many families currently call Huntsville home because of its real southern home town feel, but the numerous new job openings are expected to attract a number of motivated young professionals as well.

Huntsville, Alabama real estate varies from condos and apartments to town houses and single family homes, as well as large estates. Most Huntsville real estate carries a southern charm with large plots of land and lots of trees. Many new developments and planned communities such as Mt. Carmel by the River, The Overlook at Trace, Hampton Cove and The Ledges, provide diverse housing with valued amenities such as swimming pools, golf courses, shopping centers and parks. Natural attractions such as lakes, rivers and the mountains provide outdoor entertainment for active many owners of Huntsville, Alabama real estate. Whether you are looking for a quaint little condo or an estate sized home on a large plot of land, just ask Steve Thomas of Summit Realtors to help you find the best Huntsville, Alabama real estate investment for you.