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

Huntsville | How livable is your community?

Huntsville | How livable is your community?

The overall livability index score for Huntsville, Alabama is 52. This is in the top half of communities in the U.S.

Reference: aarp.org

Comments

Popular posts from this blog

Trash Pandas Wrap Up Incredible 2022 Season

ICE locks up ‘approximately 30’ illegal immigrants in northern Alabama

Madison DA office: Court records tell the whole story in city councilman’s theft case