LOS ANGELES—Investors are moving toward secondary markets because, in many instances, there are better yields, explains RealSource founder and chairman Michael Anderson, CCIM, who spoke on the Ris of the Secondary City panel at the recent CCIM Thrive conference in Downtown Los Angeles. After the panel, Anderson sat down for an exclusive video interview to discuss the market and the trend toward secondary cities. Here is what we talked about:
- Why investors are moving to secondary markets
- The definition of a secondary market
- His experience with the CCIM organization
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