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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Saturday, May 25, 2024 Alabama | Urgent Need to Return Mail Processing to Huntsville (35813), the Largest City in Alabama With Mega Increase in Huge Apartment Complexes

Congressman Dale Strong pens letter for mail distribution facility to return to Huntsville

...comes after multiple reports of delays and letters being returned...Jerome Acuff of New Market said he too has experienced similar delays. He said the postal service even mishandled a time-sensitive document his lawyer sent. “I had a piece of mail come from my lawyer. He had it stamped May 2nd and I didn’t get until May 21st,” Acuff said. Both Acuff and Ruth said they believe these issues are due to a Birmingham Distribution facility where all mail...

Reference: NPMHU Local 317 - Alabama

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