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March 24, 2010

Region's apartment market appears to be stabilizing

By JOURNAL STAFF

The apartment market in King and Snohomish counties appears to be rebounding, according to a report from Tom Cain of Apartment Insights, but it's unclear whether it will be enough to help owners whose loans are coming due.

Vacancy rates are down slightly. Rent incentives are decreasing, too, but rents continued to fall but only marginally.


 
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