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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Rocket City U.S.: Historical Von Braun NASA HQ in Huntsville imploded Saturday morning | Watch Video

Rocket City U.S.: Historical Von Braun NASA HQ in Huntsville imploded Saturday morning | Watch Video

NASA today imploded and dropped to the ground its empty, 10-story former Huntsville headquarters building where Wernher von Braun’s rocket team designed and managed the construction of the Saturn V rockets that took America to the moon. What was left of the historic building came down as planned in an implosion at 7:30 a.m. Central Daylight Time. It was done “to make way for a series of new, state-of-the-art facilities...Fourteen directors including von Braun led Marshall from this building. America’s...

Reference: www.al.com/news/huntsville

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