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The situation in the American and European sector apartment improves, creating the conditions for profitable investment. The market has moved from the stage of recovery growth after the crisis to healthy development. According to realty firm Marcus & Millichap, the cost of buying and renting apartments in the United States has increased significantly in 2012, according to HousingWire.Licensed script
Our company has increased investment in the apartment in the last year. We purchased the property for the sum of $ 11.9 million, or 31% exceeded the figures of 2011. More than half of all transactions were related to the purchase of housing estates worth more than $ 1 million.
Apartment vacancy rate across the United States has reached 5.2%, which is less than the rate of annual and quarterly ago. Rental price of dwellings grew by an average of 4% per year. Growth was calculated double digits in some parts of the country. The demand for new apartments in the U.S. is 130,000 units per year. Developers will pass into service only 75,000 units in 2012. The imbalance of supply and demand will lead to a decline in the vacancy rate to 4.8% of the apartments in the coming quarters. Rising prices for rental and purchase of residential properties of the class will continue. Therefore, now is the best time to invest in apartments.
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-1%https://apartments-capital.comThis post has been edited by Angel-monitor: Nov 14 2012, 10:26 AM