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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Take a Free Mural Tour of Huntsville, Alabama

Take a Free Mural Tour of Huntsville, Alabama

While Huntsville has a long history of rocket scientists and engineers, we can’t forget about the amazing creative people who call the Rocket City home. Explore the city’s creative side with this fun, free, self-guided mural tour.

Reference: Paige Minds the Gap

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