Monmouth Real Estate Corporation Riding High on
Post# of 147
Posted On: 04/02/2013 1:21:45 PM
Monmouth Real Estate Corporation Riding High on a Strong Housing Market
After years of weak demand and low prices, the US housing market seems finally on track to recover. Excess inventories have finally cleared off the market and are no longer dragging down prices. As the American economy continues to recover, the housing sector should look even better. Monmouth Real Estate Corporation (NYSE: MNR) is in a fantastic position should the housing market continue to improve. This small-cap REIT owns a large portfolio of industrial properties across the country. For now, they primarily make money by leasing out these properties to businesses on long-term contracts. If real estate prices go up, Monmouth will become even more valuable as its portfolio appreciates...........
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