Commercial Real Estate Healing Very Slowly

Real Estate Broker/Owner with Pro Players Realty


Commercial property prices have dropped ~40%  since 2 years ago.  However, in a surprise quarter prices have increased 4%.  Once quarter doesn’t make a trend but it does show that there’s a heartbeat.  Despite this good news there’s still plenty of gloom and doom on our horizon.  10% of malls are expected to close and as many as 200,000 businesses may go under next year.

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