We all know that 1031 Exchange activity has been slow at best over the past couple of years. My friends over at IPX 1031 provided me a chart that shows the activity based upon quarter dating back to 2003. The good news is that Q1 2011 is up to a level surpassing 2010 and 2009!
The other interesting fact that I picked out on these charts is the typical quarters that see the most activity. I would have predicted Q2 and Q4. Close around tax time and buy before year end. According to the data, looks like Q2 (I was 50% right!) and Q3 typically are the busiest months.
Thanks again to Dave Tornell and Jim Miller for the charts! If you do need any assistance with a 1031 Exchange, make sure to give them a call!