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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Iconic rocket at Alabama rest stop to be taken down, NASA says

Iconic rocket at Alabama rest stop to be taken down, NASA says

The NASA rocket that towers at the north Alabama welcome center on Interstate 65 will be taken down, the space agency and the U.S. Space & Rocket Center said in a statement Friday night. It’s the final verdict on a long-running issue of how best to deal with the deteriorating Saturn 1B rocket that’s become a popular landmark near the Tennessee state line.

Reference: www.al.com

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