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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Appeals Process for Madison County Property Tax

Appeals Process for Madison County Property Tax

APPEALS PROCESS Code of Alabama 1975, 40-3-20, 40-3-24, and 40-3-25. If you believe your property value is too high, you may file a written protest with the Madison County Board of Equalization (BOE), Madison County Service Center, 2nd Floor,1918 Memorial Parkway, NW Huntsville, AL 35801. New values are set each year. Upon completion of setting the values notice is given by legal advertisement in the newspaper for two consecutive weeks. Tax payers have 30 days from the date of the second advertisement to file an appeal. New values are usually set in March or April.

Upon your appeal, you will be...

Reference: www.madisoncountyal.gov

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