Sophomore Blues: Big Student Housing Player Slumps

Sellers Test Housing Market Amid Rising Prices

In one raid in 2009, 85 people were arrested. The complex’s tarnished reputation was destroying its income-producing potential. By the time ACC acquired it, occupancy had dwindled to 58 percent.
For the original version including any supplementary images or video, visit http://www.cnbc.com/id/101026256

That was up by more than 24% from the low point in February and up 1% from July. Inventories have increased for six straight months. While the overall level of homes for sale remains relatively depressed, the report suggests that inventory may have hit a bottom earlier this year after an extended two-year decline. The report also suggests that home-buyer traffic has eased following a period in which mortgage baltimore property management rates have jumped by more than one percentage point. Inventories in nine of the nations top 30 housing markets were above their levels of last August, led by Los Angeles, where inventory was up by 17.4% from a year ago to its highest level since April 2012.
For the original version including any supplementary images or video, visit http://blogs.wsj.com/developments/2013/09/12/housing-inventories-rose-in-august/

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