Multi-Family Investment Off to Solid Start In 2011
Interest in U.S. multi-family properties contiues after a solid start at the beginning of 2011. Investment sales dollar volume jumped 40% in the first quarter compared to the same period last year, and according to data, more deals were closed than in any quarter since mid-2005.
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Makes sense. Home prices are plummeting so more savvy people are renting homes.
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