As of October 31st the months of inventory for Dane County multifamily real estate stood at 41.9 months. That's more than twice the inventory for Dane County condos, and almost 5 times the inventory for Dane County homes.
With high inventory and low sales, it's a great time to learn about multifamily real estate. Some sellers are becoming more flexible with pricing, and we're seeing more and more multifamily foreclosures.
If you're interested in learning more about multifamily real estate, please feel free to join us for our FREE workshop at 6PM on Tuesday, November 17th, at Bishop's Bay Country Club.
In the meantime, here is some additional useful information: You'll find our latest multifamily real estate report here, and information on how we assist our investor clients here. We've also launched a new web site - www.MadisonIncomeProperties.com - that makes it easy to find all of our information on multifamily investing. We'll be adding more useful content soon.
Have a great Tuesday,
Dan Miller, Realtor, Certified Distressed Property Expert, Keller Williams Realty and DaneCountyMarket.com
Tuesday, November 3, 2009
Dane County multifamily inventory still climbing
Labels:
Investment
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