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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Huntsville USPS worker sentenced to 18 months for stealing mail

Huntsville USPS worker sentenced to 18 months for stealing mail

A former United States Postal Service (USPS) worker from Huntsville accused of stealing mail from his route was sentenced by a federal judge on Friday. The United States Department of Justice (DOJ) announced on Friday that a federal judge sentenced Zachary Rashad Humphrey, 31, of Huntsville to 18 months in prison followed by three years of supervised release for stealing mail between March and April of 2022.

Reference: whnt.com

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