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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Will U.S. Space Command Headquarters Officially Move to Redstone Arsenal in Huntsville Also Known as the Rocket City

U.S. Space Command basing decision approaching final stretch

At the request of Colorado lawmakers, the base selection process has been reviewed by the Department of Defense Inspector General and the Government Accountability Office. “They are still doing a 30 day public comment period on the draft environmental assessments, and I think we’re wrapping those up in the next week or two,” Dickinson said. The environmental assessments were done on six possible locations. “And so pending those results coming in, then it will go to the Department of the Air Force for their final decision,” he said.

Reference: spacenews.com

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