Tuesday, May 5, 2009

Commercial Real Estate Likely to Look Different

Many factors are and will impact Commercial Real Estate: Increasing vacancies, property price declines, and the impact that new tax laws and government actions will have on the economy and banks as well as lending guidelines. According to the New England Business Bulletin, these and other factors will shape the new CRE market, and eventually stabilize this sector. Exactly when this will happen is the question, but it will likely take a year or more longer than the recovery of the residential market. Read more...

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