Courtesy of the NY TIMES comes this Interactive Population Map that provides a great visual for population patterns between 2000 and 2010. You can browse population growth and decline, changes in racial and ethnic concentrations and patterns of housing development.
It's worth checking out and clicking around for 10 minutes. You will learn something.
Tuesday, June 21, 2011
Thursday, June 16, 2011
Raleigh/Cary apartment communities sell
Just this month, two apartment communities in Raleigh and one in Cary sold to a single purchaser at an average price of $54,000/unit. The communities are 20 to 30 years old.
This price falls in-line with the recent upward pressure on values for larger apartment communities. A major contributing factor in this trend is the availability of attractive financing from GSE's Fannie Mae and Freddy Mac for larger apartment communities and portfolios. Unfortunately, similar financing options are not as available for smaller communities (less than $1 million).
This price falls in-line with the recent upward pressure on values for larger apartment communities. A major contributing factor in this trend is the availability of attractive financing from GSE's Fannie Mae and Freddy Mac for larger apartment communities and portfolios. Unfortunately, similar financing options are not as available for smaller communities (less than $1 million).
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