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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Rocket City Weather Fest Returns To UAH

Rocket City Weather Fest Returns To UAH

Rocket City Weather Fest is making an in-person return to The University of Alabama in Huntsville (UAH) on February 4, 2023. This free community event is great for all ages in the Tennessee Valley. The event will be held at UAH’s Shelby Center for Science and Technology from 9 a.m. until 3 p.m. This is a great event for anyone that has an interest in the weather.

Reference: whnt.com

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