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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Rocket City Octane Auto Show returns this weekend

Rocket City Octane Auto Show returns this weekend

At the show, Smokey the Bandit’s semi-truck, a Hot Wheels life-sized geo tracker, the world’s largest radio flyer, Ferris Bueler’s Ferrari, and more will be on display. ...Tickets are $10 and kids 12 and under get in for free. Tickets can be bought online or at the VBC box office!

Reference: www.waff.com

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