Guess What Industry Is Building Momentum?By
After years of vowing to "stay alive till '95," real estate firms--and investors--are welcoming the New Year with a big sigh of relief. Rising interest rates killed off some of the industry's momentum in 1994's second half, but yearend results were better than expected, with improvement in just about every real estate market in the U.S. No one in the industry expects a return to the frenzied activity of the 1980s, but 1995 should bring slow, steady growth.
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