The latest in multi-family real estate

It's been awhile since we covered the Dane County market for residential income properties. Inventory is still very high. As of May 31st, we calculated over 38 months of inventory for the Dane County multi-family market.

Prices have been coming down, but it still takes some digging to find the right, cash-flowing property (most of the properties listed on the MLS don't cash flow at their current list price). In the near future we'll share some ideas for finding the sellers who are willing to sell their properties at a price that represents a good investment.

You'll find our full report on the multi-family market on the economic trends page at DaneCountyMarket.com.

Have a good day,

Dan Miller, Keller Williams Realty and DaneCountyMarket.com