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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‘Four years too late’ – Ainsworth applauds Alabama victory in U.S. Space Command HQ decision

‘Four years too late’ – Ainsworth applauds Alabama victory in U.S. Space Command HQ decision

Alabama Lt. Gov. Will Ainsworth is celebrating the news that the U.S. Space Command Headquarters is officially coming to Huntsville. U.S. Rep. Mike Rogers (R-Saks), who chairs the House Armed Services Committee, announced this week that, “space command will officially be assigned to build its headquarters in Huntsville,” in April once the Secretary of the Air Force is confirmed by the U.S. Senate

Reference: yellowhammernews.com

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