Being mostly, in the residential perspective of real estate, i am somewhat ignorant to the commercial sector. I heard rumors of the commercial sector going to collapse just as the residential sector did. I cant even imagine the repercussions because were not talking about a 100,00.00 mortgage, were talking about million dollar assets. Banks are getting more stringent on commercial loans, and this will only decrease values, at a declining rate, if no bank is willing to finance a new project/ or business there will no turn over rate, and properties will never appreciate. Please share your thoughts thank you
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Justen A Alias
Licensed Real Estate Agent
Keller Williams Troy Market Center
1700 W. Big Beaver Suite 100
Troy, Mi, 48084
Cell: 248-730-5411
Office: 248-649-7200
Fax:248-649-7208
Email:aliasjus@gmail.com
Web: www.justenalias.com
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