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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Misdemeanor convictions won’t affect Devyn Keith’s status as a councilmember or candidate

Misdemeanor convictions won’t affect Devyn Keith’s status as a councilmember or candidate

The agreement includes two years of probation, a suspended jail sentence and fines. The charges stemmed from four alleged shoplifting incidents at Walmart stores, totaling just under $500. The plea agreement...A review of the Huntsville City Council candidate qualifying rules and Alabama law shows that his misdemeanor theft convictions are not disqualifying for either serving in public office or running for public office.

Reference: www.msn.com

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