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January 12, 2009

REal Talk with Adam Perrotta-Monday

While there's been plenty of anecdotal evidence recently that many investors are viewing the economic downturn as a golden opportunity to snap up properties at bargain prices, now comes a Marcus & Millichap survey that puts some numbers on things. According to the report, just over half of respondent investors are looking to up the size of their portfolios this year. While that number is down from the previous year, it is still somewhat surprising that so many investors are confident that dwindling asset prices will outweigh the difficulty in obtaining financing these days. This of course would be good news for sellers, who could find more demand than expected for a given property, and thus might be able to bump up prices accordingly.


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