If you look at the year as a whole, we're still seeing reasonable year-to-year growth rates.

The numbers we're looking at represent phenomenal growth rates, not likely to be duplicated in any other industry.

We believe that apartment rent growth will range from 8 to 10 percent by the close of 2005. Rising home values, flat to modest increases in personal incomes and a lack of new inventory all point toward continued growth in rental rates.

further threat to fragile and slow growth.

We are on a fast growth track and are excited to bring Brian onto the team.

We are on a fast growth track and are excited to bring Brian onto the team. He has been an integral part of growing this Company from the beginning and we're glad to have him full time.