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, Alabama: More Than Rocket Science

Huntsville, Alabama: More Than Rocket Science

Huntsville, Alabama is consistently ranked one of the smartest cities in the nation. It’s hit the list of best places for tech jobs and has been named one of the best cities for working retirees. It’s considered one of the most educated cities in the nation, and most visitors’ first stop is the rocket center that has been instrumental in creating this reputation for this far-northern Alabama city. But if you think this is all Huntsville has to offer, think again.

Reference: www.forbes.com

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