Posted in Real Estate News on Nov 18th, 2008 No Comments »
From Christine Serlin, Editor of Apartment Finance Today:
“According to Emerging Trends in Real Estate 2009, a report released in October by the Urban Land Institute and PricewaterhouseCoopers, the financial and real estate markets will bottom out in 2009 and continue to flounder in 2010. But the report shows some brighter spots for the multifamily industry. It [...]
Just a few years ago, single-family home permits were on the rise, breaking records each quarter. It seemed as if the growth would last forever. It was definitely reminiscent of the tech bubble days 1999-2001.
Now, based on Census Bureau data thru July 2008, the correction (well overdue) is finally here. This is [...]
As an investor, you need to be able to see the “forest for the trees” and you need to be aware what’s going on at a macro-level. Following are some interesting data points to help put into perspective where we are in the U.S. economic and apartment market cycles.
Larry Souza, a Managing [...]