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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Here's the Average Social Security Retired Worker's Benefit by State

Here's the Average Social Security Retired Worker's Benefit by State

The Social Security Administration (SSA) publishes monthly snapshots detailing the average benefit paid to different beneficiary groups. For instance, the average retired-worker benefit was $1,838.58 in July 2023, and the average spousal benefit was $891.32.

The SSA also publishes an Annual Statistical Supplement that breaks the data down differently. I recently discussed the average retired worker benefit by age, but the annual report also provides geographic information. The table below shows the average Social Security benefit paid to retired workers across all 50 states (and Washington, D.C.) in Dec. 2022.

Reference: www.fool.com

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