With the new year upon us, I thought I’d use my podcast this month to examine what’s in store for the commercial real estate industry in 2012. In the coming year, REALTORS® will be working on key issues such as easing the contraction in small-business lending, bridging an equity gap, and increasing bank liquidity. You can be sure that finding solutions to these issues is a priority for NAR and will go a long way toward setting the industry on a path for growth.
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Commercial Markets to Grow in 2012
Commercial real estate markets have been relatively flat this year, but improving fundamentals mean a more positive trend is expected in 2012, according to NAR’s Commerical Real Estate Outlook report, out this week. More >
Existing Sales Slip, Prices Stabilize
Existing-home sales eased in June as contract cancellations spiked unexpectedly, although prices were up slightly, according to the National Association of REALTORS®.