I own but have been trimming my position. you may want to hope for a slightly lower entry point then here with the markets trending down and heading into the historicaly slow summer. There is still lots of negative headline news out there. The $ is bouncing higher but is probably short lived. lower $ is probably good for URE.
who generates the negativity? Have prices stabalized? Is the enonomy growing albeit slowly? Are businesses finally expanding? Is inflation apparent and driving commodities higher? Is the market looking ahead of where we are today? Aside from regional boom and busts, RE has been a consistant performer due to limited supplies of land. I suspect the pricing bottom is here based on average across the nation. Rental rates are climbing due to high demand for those untis. Investors with money are seeking bargains. Sucessful bussiness are expanding and there are growth in some sectors. It's not all doom and gloom. Don't expect URE to go to $300/share or RE to avg 10-20% gains. URE had a nice fat fun. I just sold my initial position from $2/sh (which translates into $10/post split). I am slowly trimming my position. I think there are some better values in the market.