Sociable

Tuesday, October 18, 2011

Renter-ship has become a bit more attractive

Even with brokers saying this is the best affordable market in years....
The U.S. homeownership rate fell about 1.5% over the past year, according to Freddie Mac's report.
Hessam Nadij, managing director of research and advisory services for Marcus & Millichap, said in the August issue of HousingWire magazine that “apartments, which are considered part of the commercial real estate sector, are well ahead of retail, office properties and industrial properties in the recovery because of the release of pent up demand.”
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