The media has done an over kill in reference to the down market in residential single family housing market. One thing I don't hear a whole lot about is the field in which I specialize, multi-family. The multi-family market seems to go un-noticed in the media and a good number of investors miss this as well. Apartment buildings have been the number one investments for many years, even surpassing the stock market in returns on monies invested. With the residential single family housing tanking the way it is, the apartment business is continually strengthening. The vacancy rate has dipped to below 5%. Arizona is still the fasted growing state in the country and is showing no signs of slowing any time soon, making Arizona a great place for investors to invest in apartment communities
Mark Archer
http://markarcher.point2agent.com/
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