GOOD TIME TO INQUIRE ABOUT MULTI-FAMILY?
The fact that apartment pricing is consistently increasing, along with the trend of rents going up and vacancies going down, it may be a great time to evaluate your multi-family holdings. A great market to realize past appreciation in, but also a positive forward look for appreciation for those who buy in now.
Growth In Apartment Pricing Soars
Growth In Apartment Pricing Soars
Condo conversions had pushed overall apartment prices up dramatically through mid-2006. While that activity has abated, apartment prices have held up well due to improving occupancies and rents.
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