One of the NAR Commercial panels at the Annual Conference & Expo is, The Distressed Market: 2010 & the Year Ahead. Attend and listen to real life insights and proven revenue-generating solutions. Hear about timing, work-out strategies and assessing value in the panel led by Peter Mosca. To see the full schedule and register, click –
Archives for 2010
Market Not Uniform but Q2 Commercial Properties Prices Rose
Commercial property prices rose by 2.2 percent in the three months that ended in June, as measured by the Investment Property Databank US Quarterly Property Index. The milestone data ends a phase of writedowns that wiped out five years of property value appreciation before the credit crisis hit, but the London-based index compiler said a “mixed” economic outlook could arrest further price growth Read more…
NAR Survey Shows Mixed News for Commercial Market
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.
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…
