MULTI - FAMILY in PIERCE COUNTY, WA

RENTALS are UP, UP, UP !@%$%#$$

Apartments for Rent at Realtor.com
Rental demand, tight mortgage money, changing attudes about renting, demographic shifts --


-but mostly rental demand -- prompted Realtor.com to add apartments to its listings.

Full Story: http://realtytimes.com/rtpages/20111103_apartments.htm

                         

MULTI-FAMILY DOING GREAT !!!

Multi-Family in Pierce County (Tacoma) is Flying High....

• One of the region’s strongest rental markets. Per Dupre+Scott, the vacancy rate is 4.47
percent and 5-year average rent growth of 5.4 percent.

• Diminishing supply of new multifamily construction within the Puget Sound region.
Approximately 2,500 units are planned in 2009 and only 3,000 existing within the Pierce
County submarket. Due to an active condo

Pierce County is definitely the place to INVEST in MULTI-FAMILY....

For more info contact Larry Tutino. Just click on on the website TAB or

email me anytime at....... sellorbuyland@gmail.com

MULTI-FAMILY UNIT COSTS for 2011 to 2006

This GRAPH clearly shows how much the price per unit has decreased for Multi-Family over the last 2 years. This info is from Loopnet.com. Just click on the link below.....

http://www.loopnet.com/Tacoma_Washington_Market-Trends

Multifamily Property Asking Price Index Trends

	Nov 10	vs. 3 mo. prior	Y-O-Y
- State	$89,039	-0.9%	+0.8%
- Metro	$109,361	-2.2%	-17.6%
- County	$56,173	+5.6%	-24.0%