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

$1,100 tip is ‘Friendsgiving’ surprise for Cullman, Alabama Waffle House waitress

$1,100 tip is ‘Friendsgiving’ surprise for Cullman, Alabama Waffle House waitress

A group of Cullman-area friends “upped the ante” on a young tradition they call Friendsgiving by giving a Waffle House waitress a $1,100 tip. recipient turned out to be a waitress named Julia Ellison... Waffle House on Ala. 157 at I-65... “When I tell you that I have the best friends ever, this is just one of a million things they do that prove it,” Ragsdale said in her post. “Thank you to my girlfriends. I love & cherish each of you.”

Reference: www.al.com

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