Keeping the Lights On: With Buyers Scarce, Condos Turn to Rental

by George Waldon  on Monday, Sep. 12, 2011 12:00 am  

CityGrove, on Maple Street in North Little Rock, has six units sold out of 14.

Condo and townhome developers have embraced tenants as the next best thing to buyers in a market long on supply and short on demand. Better to have a rent-generating unit than an empty, unsold one.

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