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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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What slowdown? 2024 could be record year for apartments in Huntsville metro

What slowdown? 2024 could be record year for apartments in Huntsville metro 2024 is shaping up to be a record year for the completion of apartment units in the Huntsville metropolitan area according to one report. Reference: www.al.com
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Thank God! Huntsville’s apartment building surge may be slowing down City officials believe

Is Huntsville’s apartment surge slowing down? City officials believe so ...told the Huntsville City Council last month that his office has seen a “drastic drop-off” of apartments being proposed for the Rocket City. Reference: www.al.com
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Huntsville Alabama | Apartment City

Permits were issued last week for more than $7 million apartment buildings in northeast Huntsville. Signature Pointe is still under construction with one and two-bedroom apartments ranging from 735 to 1.081 square feet. Chase Creek apartments are 738 to 1,087 square feet with rent ranging from $1,199 to $1,564 per month. Reference: www.msn.com
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Is Huntsville building too many apartments? Apartment units has increased by 65% in the last year

Is Huntsville building too many apartments? Is Huntsville building too many apartments? Huntsville, Alabama, is building so many apartments that Scott Turner of AL.com is renaming the Rocket City to the ‘Apartment City’. The number of new apartment units has increased by 65% in the last year, yet the city has only grown by 5.8%. Reference: www.youtube.com
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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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Alabama Citizens sharing concerns over busloads of migrants | Plenty of BS Excuses

Citizens sharing concerns over busloads of migrants HUNTSVILLE, Ala. (WAFF) - There is a video on social media that shows a busload of chicken plant workers being dropped off at the Athens Walmart. The video has lots of people asking lots of questions. “We just want answers of where are they coming from,” said Athens resident Amanda Schulte. “How are they getting here? Who’s setting them up? And when is it going to stop?” WAFF 48 checked with the company at the center of all these questions, Pilgrim’s Pride. Officials said the buses are carrying workers from Athens and Albertville to their plant in Russellville. “Recently, a new refugee program has incentivized immigrants to move to our communities,” Kitchens’ statement said. As for the busses, Kitchens said, “I have reached out to the poultry processing companies and have been assured the charter busses will no longer be running.” Reference: www.waff.com NOTE ADDED BY THIS SITE: Pilgrims Pride says they wont use chart...
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Alabama A&M releases statement after student was murdered

Three additional juveniles arrested in connection with event center shooting Alabama A&M University released the following statement regarding the murder of its students. “The Alabama A&M University Family mourns the recent death of Kaitlyn Jenkins, an AAMU student who was one of two, 20-year-old women killed during an off-campus birthday party event held over the weekend. Deepest condolences are... Reference: www.waff.com
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