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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SpaceX rocket sends first global water survey mission into orbit

SpaceX rocket sends first global water survey mission into orbit

The Falcon 9 booster owned and operated by Elon Musk's commercial rocket company lit up the predawn sky along California's coast as it roared off its launch pad at the Vandenberg U.S. Space Force Base, about 160 miles (260 km) northwest of Los Angeles. The liftoff, directed by NASA, was shown live on a U.S. space agency webcast.

Reference: www.reuters.com

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