The market is tending nicely for those seeking to buy and hold rental properties. The average price for a 2008 Dane County multi-family unit was $79,191 - the lowest price since the year 2000. Cash-flowing Dane County properties has been a challenge in the past. But now prices are returning to earth, and there will be opportunities in the coming year for those who have their eyes open to them.
You'll find our full multi-family report on the economic trends page at DaneCountyMarket.com. We'll also be publishing many more market updates in the coming week as we wrap up our reporting for the 2008 year.
Have a good day,
Dan Miller, Keller Williams Realty and DaneCountyMarket.com
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