The right time to sell a property depends on when it was purchased, the seller’s tax status and the opportunities for reinvestment, among other factors. One factor that should be part of the decision is the stage of the real estate cycle, and by that measure, now is a good time to sell. Consider the following:
The apartment market has seen some good appreciation recently. Real Capital Analytics reports that the average price per unit paid for an apartment property in the second quarter was $101,412, up by 8.4 percent from the second quarter of 2011 and 35 percent above the recent trough in the third quarter of 2009. Similarly, the average cap rate per unit was 6.2 percent in the second quarter, down from 6.4 percent in the year-ago quarter, and the recent trough of 7.1 percent in the third quarter of 2009.
Read more...Is Now a Good Time to Sell Your Apartment Property? | Commercial Property Executive
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