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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Huntsville | Wind chills below zero, snow possible

Wind chills below zero, snow possible

The low temperatures could reach the area Thursday night, she said. She said "there's a low confidence" of snow Thursday. She said gusty winds could drive the lows in the lower teens to a minus 5 degree windchill. She said the highs most of the week won't break out of the 40s. Lows on Saturday and Sunday nights will be in the mid-20s.

Reference: www.yahoo.com

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