Huntsville Apartment Oversupply | Are there too many apartments in Huntsville? New report looks at the boom

Are there too many apartments in Huntsville? New report looks at the boom Huntsville’s apartment boom has led to an oversupply of units in the fast-growing metro area, according to a recent report. We got ahead of ourselves. ...“Huntsville is currently overbuilt with apartments, and until that excess supply is absorbed, we’re going to see a slowdown in new multifamily construction,” Realtor Matt Curtis added. “ We’re seeing the effects of oversupply — one to two months of free rent incentives, declining rents, and higher vacancy rates. That’s not a climate where developers are eager to build. ...“Occupancies are down, values are down, expenses are up,” Wilson said ” Reference: www.al.com
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ICE locks up ‘approximately 30’ illegal immigrants in northern Alabama

ICE locks up ‘approximately 30’ illegal immigrants in northern Alabama

United States Immigration and Customs Enforcement (ICE) was busy this week, arresting illegal immigrants in Alabama. ...the raids largely happened in the area of Drake Avenue and Patton Road in Huntsville. Illegal immigrants who are captured go to the DeKalb County Jail and are then transferred to Louisiana.

Reference: yellowhammernews.com

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