It’s nice to read some good news for a change regarding the commercial real estate market in this country. It’s beginning to look like life as we knew it at one time (prior to 2008) isn’t going to end. Could it also be that the dire predictions of apocalypse for the banking system regarding outstanding…
CoStar reports that positive absorption increased in warehouse market for the second consecutive quarter. With virtually no new product being built it doesn’t take much of a bump in demand to create a big increase in positive absorption. 620 million square feet was leased in 2009, which was a decade high, and that’s with almost…
I‘ve been hearing similar from investors for over a year now. I don’t know how many people have said to me to contact them after the election. There is a big bunch of money sitting on the sidelines waiting for some clarity and stability. Wonder if we’ll get it as a result of November 2nd? Obama’s War…
I don’t know if this is good news or not. It’s believed by many that credit markets are softening and softening more quickly than prudent. I say great, we need a bit of this, however, we all know where this will lead again. We seem to do this bubble busting every ten years or so…
The crackdown on lenders regarding their handling of documents is causing problems affecting current buyers’ ability to close. Since distressed properties comprise about a third of homes sales, the fallout is having quite an impact on existing home sales in about half of the states. Officials in several states have demanded a suspension of foreclosures…