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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Beautiful Homes, Best Prices, Great Schools, Low Crime, Appreciating Real Estate and Low County Taxes with Huntsville Address

Beautiful Homes, Best Prices, Great Schools, Low Crime, Appreciating Real Estate and Low County Taxes with Huntsville Address

Beautifully, landscaped home situated near a culdesac, a great neighborhood 15 minutes from downtown Huntsville, 30 minutes from Redstone Arsenal. Excellent view of the distant mountains. The covered patio is perfect for summer entertainment or a morning cup of coffee. Kitchen has been painted and updated cabinets.

Reference: www.zillow.com

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