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 [...]
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Archive for March, 2010
NAR Survey Shows Mixed News for Commercial Market
8.30.10In 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 [...]
Retail Spaces Lead Drop in U.S. Commercial Property
8.30.10The 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
8.19.10Uncover 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 [...]
FED Survey Shows Lending Improving
8.19.10Financial 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 [...]
Just launched – NAR Commercial’s First Virtual Book Club
8.19.10The first read in the new club features Bob Potter, an NAR Commercial Signature Series Speaker and expert on third-level selling. In his book, Bob shares why you should stop competing on price and find out why clients will choose a winner – you! To participate – first, purchase the book, Selling Real Estate Services: [...]
Moody’s Ranks Albuquerque Among Top Ten Healthiest Commercial Markets
8.5.10According to a copyrighted story in Monday’s Albuquerque Journal’s Business Outlook, Moody’s recently released Red-Green-Yellow Update indicates the Albuquerque commercial real estate market showed significant improvement from early 2009 to early 2010. Albuquerque’s apartment market ranks as one of the strongest in the country; however the office market continues to show distress. Moody’s Red-Green-Yellow [...]
Bernanke Implores Community Banks to Lend More
7.29.10Federal Reserve chairman Ben Bernanke said banks across the country are systematically denying loan requests from financially credible small businesses. In a speech last week, he urged banks to lend to to small businesses, saying they are “crucial to America’s recovery.” Read more…
Colliers Principal Thinks Worst is Over
7.22.10The Midwest industrial sector is showing some improvement. The vacancy rate for Chicago industrial property fell for the first time in ten quarters to 11.09%. Colliers David Bercu thinks the picture is somewhat promising and cites that he knows of several good sized deals in the pipeline. Read the full article or view the video. [...]
