Thursday, March 4, 2010

Better Times Ahead for Apartments

Jan 1, 2010 12:00 PM, By Doug Bibby

Fannie Mae, Freddie Mac play a critical role as capital sources.

Though the apartment market is seeing signs of financial stabilization, and the longer-term outlook for apartments remains good, in the short run the statistics are rather bleak.

Transaction volume in 2008 was down by more than 60% compared with the 2007 peak, and volume for the first half of 2009 dropped by 77% compared with the same period a year earlier. Read More Here