Are weak job numbers and debt headaches making your clients uneasy about commercial real estate performance? In this issue of Commercial Connections, NAR Chief Economist Lawrence Yun explains why you shouldn't worry.
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In This Issue
New REALTOR BENEFITS® Partner Xceligent Changing the Game and the Playing Field for REALTORS®
Xceligent will be delivering competitive commercial real estate information services to the industry and REALTORS® are receiving preferred pricing on fully researched information as well as global marketing of listings. Turn to the Tech Savvy column in this issue to get the...
By: Barbara Vohryzek, National Association of Development Companies
Recognizing the dilemma faced by small businesses as a result of the contraction in the credit markets, the Small Business Administration (SBA) has temporarily modified its 504 Program to allow the refinancing of existing debt and the use of the equity in the property...
Are the weak U.S. jobs numbers and the debt headaches in Europe making your clients uneasy about commercial real estate performance? Don’t worry, says Lawrence Yun, chief economist for the National Association of REALTORS®. Net absorption is rising because the economy has added nearly 4 million jobs since 2009. Combine that with very limited new construction over the same period, and...
Amid a backdrop of moderately positive economic growth, demand for commercial space is rising and availability is declining across all property types. A main driver of the rebound comes from low levels of new construction in recent years, which have prevented a run-up in supply. The other drivers are rising employment in office-using industries, increased international trade, and a housing...
