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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U.S. Navy takes Huntsville native around world

U.S. Navy takes Huntsville native around world

Derrick Graham was born and raised in Huntsville, Alabama, but before he became an engineering technician with the U.S. Army Aviation and Missile Command, he traveled the world for 20 years as a Hospital Corpsman in the U.S. Navy. He said, “I graduated from high school in 1990 and I gave myself a goal. I said, ‘Okay, you’ve got two years to get a career and get started.’ Two years passed and I didn’t have anything, and I was bussing tables at a fast-food place when a couple of Navy guys came in. One of the dudes left me his card and he said, ‘Anytime you’re ready for a real job, come check us out.’”

Reference: www.dvidshub.net

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