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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5 new businesses in the Rocket City you should check out

5 new businesses in the Rocket City you should check out

New businesses in the Rocket City are popping up all over the community so far in 2024, and we keep welcoming more to the area. From new restaurants to health care facilities to retail, more business owners are looking to call Huntsville home.

Reference: hvilleblast.com

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