Here are the news articles you might find interesting today for commercial real estate and business:
To view the data from the 2012 Retail Review & Outlook by Costar, click here...
2013 Deal Strategy: Move Forward, but Prudently Sensing that commercial real estate markets are near a point that properties are not going to get any cheaper, there is a strong temptation to jump in and grab deals while the getting is good and real estate is still affordable. However, CRE brokers and advisors who have been refined by five years of recession are cautioning their clients against over-exuberance. Instead, they are encouraging clients to measure their risk tolerance and move forward at an unrushed pace. View article...
21% Drop in CRE Mortgages Maturing This Year; Refi Prospects Strong Defusing once what once seen as a ticking time bomb for the nation's financial markets, nearly $200 billion, or 8%, of the outstanding balance of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2013, a 21% decline from the $150.6 billion that matured in 2012, according to the Mortgage Bankers Association. View article...
HOUSING:
Improving Markets List Grows to 259 with All 50 States Represented As more markets across the country improved, all 50 states - plus the District of Columia - were able to receive representation in February's Improving Markets Index (IMI) released by the National Association of Home Builders (NAHB) and First American. Last year during this time, just 36 states were represented. View article...
Housing Already Shows Signs of a New Bubble When housing began to simmer back in 2002, prices were rising around seven percent a year, then eight percent in 2004 and a stunning 12 percent in 2005. At the time, words like "bubble," and "unsustainable," were uttered with every monthly reading. No one had seen home prices soar like that since the mid 1970's. View article...
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