Panoply headlines an exciting weekend in the Rocket City (April 24-26)

Panoply headlines an exciting weekend in the Rocket City (April 24-26) This is a big weekend here in Huntsville, because not only is the South’s premier arts festival back for its 44th year, but we have some fantastic live music happening around town and a bevy of cool markets, shows and events. So whether it’s Panoply, monster trucks, a book fair or a farmers market, you’ll find what you want. Reference: hvilleblast.com

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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