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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Intelligent Finance | 7 Good Reasons Why Owning a House is Better than Renting

7 Good Reasons Why Owning a House is Better than Renting

Home Sweet Home! That’s what we all want, right? Yes, and to complicate matters, there are so many choices to make to find the just-right place for you. Let’s start from the beginning. If we want to make the right choice, we need to first look at whether to rent or to own. This gets down to the basics, and in this article, we’ll make 7 arguments for owning rather than renting. By the end, you can decide if you agree with it for your own situation. Let’s count the ways.

Reference: homeia.com

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