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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Katie Britt doubles down on U.S. Space Command HQ in Alabama: ‘There remains no doubt’

Katie Britt doubles down on U.S. Space Command HQ in Alabama: ‘There remains no doubt’

“There remains no doubt Redstone Arsenal should be home to the permanent Space Command Headquarters,” Sen. Britt (R-Montgomery) said in a statement. “Huntsville finished first in the Air Force’s Evaluation Phase and Selection Phase and had the most advantages in the decision matrix, a point I raised to Secretary Hegseth in our meeting prior to his Senate confirmation and something I know the Secretary of the Air Force will take into consideration once confirmed.”

Reference: yellowhammernews.com

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