For all of you investors out there, now is a great time to look at investment property. Right now, vacancy rates are at an all time low of 6.5%. This is down from last year. Predictions are that vacancy rates will continue to fall with property values increasing and possible interest rates rising. For a copy of the article call or email me.

"Declining vacancy rates also have fueled investment in multifamily properties, such as apartments, duplexes and fourplexes, said David Svikhart, adviser with Sperry Van Ness Commercial Real Estate Advisors in Salt Lake City. "This is a very attractive market right now for apartment investment," he said. Indeed, a record $400 million worth of apartments having 10 or more units were sold along the Wasatch Front in 2005, up from about $350 million in 2004, EquiMark reported. The selling prices of apartments have risen dramatically, too. Even a predicted increase in apartment construction probably won't raise vacancy rates much, Millburn noted." from the Salt Lake Tribune.