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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Mike Rogers announces ‘Space Command will officially be assigned to build its headquarters in Huntsville’

Mike Rogers announces ‘Space Command will officially be assigned to build its headquarters in Huntsville’

After years of politicized delay by the Biden Administration, Alabama Congressman and Chairman of the U.S. House Armed Services Committee, Mike Rogers announced that the headquarters of U.S. Space Command will officially be built in Huntsville.

Speaking on Auburn University’s McCrary Institute’s “Cyber Focus” podcast, Rogers confirmed that the long-awaited decision will be finalized this month.

during President Donald Trump’s first administration, the U.S. Air Force announced that Huntsville’s Redstone Arsenal in Alabama was the preferred location for U.S. Space Command’s permanent headquarters. That decision followed a comprehensive evaluation process in which Redstone Arsenal ranked first, surpassing all other contenders, including Colorado’s Peterson Space Force Base, which ranked fifth.

Reference: yellowhammernews.com

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