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  • Huntsville International Airport approved to land commercial space vehicles

    Wednesday, 18 May 2022

    Huntsville International Airport has been approved by the Federal Aviation Administration (FAA) to allow commercial space vehicles to land in Huntsville. Huntsville International Airport, located in North Alabama, is the first commercial airport in the U.S. approved as a reentry site to receive a space vehicle landing.

    “Huntsville has propelled us into another historic first for our state with the award of the commercial space vehicle reentry license for Huntsville International Airport,” said Gov. Kay Ivey. “We appreciate the collaboration exhibited by our public and private partners to make this a reality.”

  • Morgan County ranks sixth for new and expanding industry announcements for 2021

    Thursday, 12 May 2022

    The Alabama Department of Commerce released the report for the State of Alabama on new and expanding industry announcements for 2021. Morgan County was ranked sixth in the state for both new and expanding capital investments at $332,389,913, and for new and expanding job announcements at 483.

    Morgan County had a total of two new projects and 14 expanding projects in 2021 resulting in 362 jobs with a $279,089,913 investment. Some of those expanding companies include Cerrowire LLC, Daikin America, Polyplex USA, Prudent American Technologies, Valley Rubber, United Lauch Alliance, and Watco Transloading LLC.

  • Community leaders honored at Small Business Awards Celebration

    Tuesday, 10 May 2022

    On Tuesday, three area professionals were honored by the Decatur-Morgan County Chamber of Commerce at the annual Small Business Awards Celebration for their leadership, creativity and commitment to our business community.

    Keith Jackson, founder and owner of Jackson Plumbing, Heating & Cooling in Decatur, was named the Raymon Baker - John Cook - Ralph Jones Small Business Person of the Year; Jacob Ladner, CEO of Thirdmark Capital in Decatur, was named the Arthur Orr Young Professional of the Year; and Danielle Gibson, President and CEO of Decatur Morgan County Tourism, was named the Lynn C. Fowler Non-Profit Professional of the Year. The luncheon was held at the Doubletree by Hilton Decatur Riverfront.

  • Decatur ranks in top ten places where homebuyers want to live

    Thursday, 05 May 2022

    Decatur was ranked as one of the top ten places "where homebuyers want to live" by Realtor.com! In the first quarter of the year, more than half, 59.7%, of all of the views on the home listings on Realtor.com® came from shoppers based in other metros, according to recent Realtor.com research. 

    The Realtor.com economics team analyzed the search traffic on Realtor.com to figure out the areas where people wanted to move to. They used the data to determine the nation’s most sought-after areas from buyers who are looking at homes in a different metro area from where they live. The analysis covered the 300 largest metropolitan areas in the first quarter of 2022.

    Decatur, Alabama was listed at No.9 with a 84.9% of listing views from outside of the metro area. Decatur's median home sales price is $268,000.

  • Decatur ranks No. 5 for highest gain in single-family home prices

    Thursday, 05 May 2022

    According to the National Association of Realtors®' quarterly Metropolitan Median Area Prices and Affordability report, Decatur ranked number 5 out of 185 measured metros for the highest year-over-year price gains in existing single-family home prices for the first quarter of 2022. 

    According to the report, the first quarter of 2022 saw more markets reach double-digit annual price gains than the previous quarter. Decatur had a median single-family home price of $237,400 with a 28.9 % year-over-year gain for existing single-family home prices. The median home price last year in Decatur was $184,200 which is an increase of $53,000. 

Latest Blog Post

By Jackson Parker with Parker Real Estate

With inflation at levels not seen since the early 1980s, many investors are left scrambling to ensure their assets and wealth are protected. The latest U.S. Bureau of Labor Statistics (BLS) report reflected an alarming 8.5% year-over-year Consumer Price Index (CPI) increase, the highest since January of 1982. This astounding inflation metric comes as no surprise when analyzing the total monetary supply in the United States. In January 2020, just $4.0192 trillion was in circulation while in November of 2021, that number skyrocketed to $20.354 trillion. These figures represent a staggering statistic; the U.S. government has printed 80% of the total monetary supply in the past two years. Investors are turning to real estate in order to provide a hedge against rampant inflation.

The Chamber thanks its Strategic Partners for their support.

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