EXPOSURE TIME AND MARKETING PERIOD - CONT'D

The following market facts have been considered in the determination of exposure time and marketing period.

  1. 1. Interest rates are less than eight percent (8%).
  2. 2. The local economy has long been a stable market. According to a survey of leasing agents and brokers, this trend is expected to continue through 2024.
  3. 3. Marketing times for the sales, when available, indicate marketing times of under one year.
  4. 4. Finally, those brokers and market participants interviewed indicated that given a reasonable sale price, a sales period of less than 12 months is likely.
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