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

Google Insider Cyber-Attack?

Google probing possible insider attack

Google is investigating whether one or more employees may have helped facilitate a cyber-attack that the U.S. search giant said it was a victim of in mid-December... the attack, which targeted people who have access to specific parts of Google networks, may have been facilitated by people working in Google China’s office. Google is also still in the process of scanning its internal networks since the cyber-attack in mid-December. China has tried to play down Google’s threat to leave

Reference: www.reuters.com

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