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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Alabama's 'Rocket City' Tops List of North America's 25 Tech Markets for Growth Potential

Alabama's 'Rocket City' Tops List of North America's 25 Tech Markets for Growth Potential

Huntsville, Alabama, tops a list of lesser-known and underdeveloped U.S. and Canadian markets that the world's largest real estate brokerage is betting has the strongest growth potential for technology companies. The 25 smaller tech markets have talent pools for employers... The "Next 25" markets in the U.S. are primarily concentrated in the Midwest and South. Huntsville ranked as No. 1

Reference: www.costar.com

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