Wednesday, January 6, 2010

Realty Times - Investor Report: Miami and Manhattan

Real estate analysts disagree on whether the troubled condo sector has hit bottom yet in places like south Florida, Vegas and Manhattan.

But a group of nationally-known investment pros have concluded that 2010's the time, finally, to plunge in, buy up blocks of unsold units from banks, and convert them into rental apartments for at least the next four years.

Click here to read the entire story:  Realty Times - Investor Report: Miami and Manhattan

Forbes Real Estate Today