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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Madison DA office: Court records tell the whole story in city councilman’s theft case

Madison DA office: Court records tell the whole story in city councilman’s theft case

Devyn Keith told voters recently that 2023 theft charges against him were not accurate. The Madison DA’s office pushed back on that claim. ... Keith pleaded guilty in August 2023 to two of the four theft charges he faced for allegedly stealing 31 different items from Walmart stores on four different occasions, according to court records. Keith is currently in a runoff, and facing an uphill battle to hold his council seat, against school board member Michell Watkins. ... documents tell the story,” Gann said. “It’s that simple.”

Reference: www.alreporter.com

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