In the first quarter of 2010, more than half of commercial REALTORS® responding to the NAR survey indicated that they had completed a commercial sales transaction. The average transaction value was $1.2 million. But sales, prices, and rental rates declined from the previous quarter. Sales volume declined 6 percent in the first quarter compared with a year ago, and sales prices declined 16 percent in the fourth quarter on a year-over-year basis.
Archives for August 2010
Retail Spaces Lead Drop in U.S. Commercial Property
The Moody’s/REAL Commercial Property Price Index dropped 4 percent from May, the company said today in a report. The decline was the biggest since July 2009, and pushed the gauge down 0.9 percent from the start of the year. Read more…
Right Tools, Right Now – No-Cost Wealth Attraction Marketing Archived Webinar
Uncover powerful take-away FREE strategies from Right Tools, Right Now that will get prospects calling you. This webinar from July will help you create effective marketing that touches your customers’ emotions and prompts prospects to buy. With the initiative ending this year, now’s the time to take advantage of this and the other 400 FREE and AT-COST products and resources at REALTOR.org/RightTools. Read more…
FED Survey Shows Lending Improving
Financial institutions are continuing to show limited signs of a greater willingness to lend to businesses, according to a survey released last week by the Federal Reserve Board. Overall, seven out of the 57 U.S. institutions polled in the quarterly review of lending conditions said they had loosened standards on commercial and industrial loans to large and midsize firms. It was the second straight quarter demonstrating such an easing. Read more…
