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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Golf Road in south Huntsville closes as many residents navigate around it

Golf Road in south Huntsville closes as many residents navigate around it

HUNTSVILLE, Ala. (WAFF) -Some south Huntsville resident are having trouble getting home. If you live on Golf Road off Memorial Parkway, then you know it’s almost impossible to drive up the road without sliding down. Many people are parking their cars

Reference: www.waff.com

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