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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U.S. Space & Rocket Center soars as Rocket City top attraction

U.S. Space & Rocket Center soars as Huntsville’s top attraction

With Artemis I and Orion getting off the ground in 2022, it’s probably no surprise that the U.S. Space and Rocket Center continues to soar as the top attraction not only in Huntsville, but also the state. But other attractions in the Rocket City such as the Huntsville Botanical Garden and the Orion Amphitheater

Reference: www.al.com

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