The (Long) Road to Recovery Begins for the Nation's Hardest-Hit Markets
The apartment sectors in the so-called housing bubble markets were hit especially hard in 2008 and 2009. In some cases, revenues dropped more than 17 percent. But in 2010, the recovery of the U.S. apartment industry extended even to the hardest-hit markets — all but one, actually. In this video edition of Apartment Market Dynamics, Greg Willett and Jay Parsons discuss the recent results and the outlooks for Atlanta, Phoenix, Las Vegas, Jacksonville and Southern California.