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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Huntsville, Alabama | Drake Ave. Machete Attack

One injured following assault near Drake Ave.

He said a man believed to be homeless approached them and got into an argument with them. The suspect left and came back with a machete, as the witness said, and hit his friend in the arm with it. HPD is investigating how the victim was assaulted. The suspect’s identity is unclear at this time.

Reference: www.waff.com

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