Point of Capitulation Reached in U.S. Commercial Real Estate

Great video from CNBC on the state of commercial real estate according to Barry Gosin, CEO of Newmark Knight Frank.



Of particular interest to me were his words, "The market has, for the most part, capitulated." This is important because it reflects the words of some of my clients - they have been looking for this 'capitulation' so that they can get back into the market and start buying again.

Do I agree with them that they needed to wait for this point of capitulation?  Not at all.  A good deal is a good deal is a good deal regardless of what everyone else is doing and it's always the right time to buy if the fundamentals of that particular deal make sense.

Why am I happy to hear this kind of talk then?  It means that the market is catching up with common sense and we can get back to business!  Don't wait any longer to look at investing in commercial real estate.  Let's get back at it!

If you're ready to get started, call me.

0 comments:

Blog Widget by LinkWithin

Recent Comments

Become a Facebook Fan

Followers

Blog Directories We're On

Must Read Books

  • The Millionaire Real Estate Agent by Gary Keller
  • The Four Hour Work Week by Timothy Ferris
  • Rich Dad, Poor Dad by Robert Kiyosaki
  • Daddy Needs a Drink by Robert Wilder

Live Traffic Feed

Disclaimers

No part of this website is intended to solicit those already under contract.

Legal, accounting and environmental advice should be sought prior to making any form of financial or other commitments.
Opinions expressed herein are those of the authors and may not reflect those of the Brokerage.

REALTOR® Trademark owned or controlled by the Canadian Real Estate Association. Used under license.

Those of you with an overwhelming fear of the unknown will be gratified to learn that there is no hidden message revealed by reading this warning backwards, so just ignore that Alert Notice from Microsoft: However, by pouring a complete circle of salt around yourself and your computer you can ensure that no harm befalls you and your children.
Powered by Blogger, trillions of electrons spinning out of control, and an insatiable appetite to learn.

  © Blogger templates The Professional Template by Ourblogtemplates.com 2008

Back to TOP