Hi Everyone,
The 3rd quarter market report for Dorchester is now available on our website. There are some really interesting statistics here. The market has seen overall improvement since Q1 of 2009. I won't be foolish enough to call it THE bottom, but it certainly is a bottom. I expect a leveling of things over the next few years barring any catastrophic event. Buyers are excited and investors are back in action scooping up multi-family properties. Only this time they are buying and holding vs. flipping. This takes cash and lots of it, and with cash comes stability.
Sunday, November 8, 2009
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