The blog over at the American Apartment Owners Association has an interesting post that drills down on the recent foreclosure numbers that ostensibly show improvement across the nation. They conclude that statistics lie and we ought not get too excited by these reports.
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Tags: commercial mortgage, commercial real estate, Economy, foreclosure, foreclosure numbers, mortgage crisis, Multi-Family, multifamily
January 16, 2009 at 4:05 pm |
Statistics should always be tempered with additional factors. Example: Foreclosures went down in the U.S. this month ( Possible contributor to this is Florida’s halt on foreclosures during the holiday season).