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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Level 3 risk for severe weather for part of Alabama starting Tuesday (Jan. 24)

Level 3 risk for severe weather for part of Alabama starting Tuesday

Severe weather will be possible across the southern half of Alabama from late Tuesday night into Wednesday morning. The areas in orange will have a Level 3 out of 5 risk for severe weather. The areas in yellow have a Level 2 risk, and the areas in dark green have a Level 1 risk. Tornadoes, damaging winds and heavy rain will all be possible, especially in the areas in orange.

Reference: www.al.com

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