Downturns in the commercial market have hit the incomes of commercial practitioners, particularly those new agents and associates trying to break into the business. The median dollar volume for lease deals was $330,200 last year — but 42 percent of those surveyed had no leasing transactions in 2009, compared with 28 percent the year before. Read more…
Archives for June 2010
Commercial Vacancies to Peak Near Early 2011
Vacancy rates continue to rise in most commercial sectors and are not expected to level out in most markets until the end of this year or early 2011, according to the National Association of REALTORS®. Read more…
