Thursday, May 31, 2012

Apartment Sales Jump 31 Percent in Q1 2012

This confirms what we felt was a significant change in the market. After a tough four year period where many of the apartment owners have had to battle from being under water are now in a position where they can realize a recovery in their equity. While we are not being flooded with assets on the market there are a number of owners now liquidating their positions. Conversely there is plenty of equity out there looking to buy.

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