
Jed Kolko, Trulia Chief Economist makes some great points in this article. For example, we see that the 2-3 family market is strong because rents are high and increasing and borrowing costs are very low.
When you add low borrowing costs with high rental trends and close to ZERO return in a savings account, then chasing the yield from multi-family properties seems like a no brainer.
~Willard
See Jed’s article below:
Price gains in Denver, San Jose and Pittsburgh look like they’re here to stay, but a big foreclosure backlog put the price jumps …

