Real Estate Recovery is Here

Apparently the real estate recovery has finally come to fruition according to many professionals in the industry. Strong listing and sales numbers confirm this, along with the increase demand for investment property, especially multifamily and commercial rental space. Some prices are hitting 2007 levels in some ares which is a strong indicator of economic rebound. According to Bill Mack, AREA Property founder and chairman, “I think the recovery has started, we bounced off the bottom. But the recovery has been tepid, it’s been spotty and it’s been uneven.”

CLICK HERE to see the original article

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s