The latest news of interest to multifamily housing investors in Oregon and Washington.
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Monday, October 25, 2010
Apartment Fundamentals Impress Analysts: Owners Are Back Making Deals
Looking back on three consecutive quarters of improving fundamentals, researchers say the multifamily market hit the bottom of the cycle in the fourth quarter of 2009 and is leading the commercial property sectors in recovery. Apartment prices bottomed out in the third quarter of 2009 and have been climbing since the fourth quarter, according to the Moody’s/REAL Commercial Property Price Indices. Read More at the National Real Estate Investor.