Apartments Stage a Comeback

| June 23, 2010 | 0 Comments

We have had a very busy and brisk first half of 2010 here in Iowa. National Real Estate Investor reports an comeback abroad.

Read more here:

http://nreionline.com/news/apartments_stage_comeback_0623/

According to the latest survey of 169 markets across the U.S. by researcher Reis, the national apartment vacancy rate peaked at a record 8% in the fourth quarter of 2009 and remained unchanged in the first quarter of 2010. Asking rents increased by a scant 0.1% in the first quarter, but that was the first gain since the third quarter of 2008.

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