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The recent deep economic downturn has had a pronounced impact on commercial real estate sectors, but credit availability is the big unknown that will determine how soon commercial markets recover, according to the National Association of Realtors®. Lawrence Yun, NAR chief economist, said some initial movements earlier this week in commercial mortgage-backed securities are encouraging. “The Continue reading… Commercial Real Estate Forecast Uncertain according to NAR Dennis Norman By: Dennis Norman According to the 2009 National Association of Realtors® Commercial Member Profile Realtors® specializing in commercial real estate experienced a slowdown in sales transaction volume in 2008, but also reported an increase in commercial leasing volume. Continue reading… Commercial REALTORS(R) Sales Volume Down; Leasing Volume up according to NAR Dennis Norman By: Dennis Norman Today the National Association of REALTORS(R) published their Commercial Leading Indicator for Brokerage Activity for the second quarter of 2009 showing a decline of 1.3 percent to an index of 101.5, down from an index of 102.8 in the first quarter. At 101.5 the index for the second quarter of 2009 Continue reading… Commercial Real Estate Slowing |
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