Well, I was hoping that Pearce was outperforming the market, and I personally still think that we are, but our commercial agents are reporting that they hear that most agents in our area are busy. Most are significantly busier than last year at this time. We are up in closed sales by six times last year. Even if we take out the biggest sale we've had, we're still up almost triple. It's really getting better, folks.
Of course, there are always storm clouds on the horizon, and uncertainties everywhere, but we're feeling good about the future, and that seems so strange that we are enjoying every bit of it!
Showing posts with label last year. Show all posts
Showing posts with label last year. Show all posts
Thursday, June 21, 2012
Thursday, June 7, 2012
More Good News about Commercial Real Estate Activity
We just looked at our booked sales through May and compared them to last year's numbers. We are 325% over last year at this time! Even taking out our biggest sale leaves us way up from 2011. It's unusual for commercial sales to rebound with or before residential, but that does seem to be happening.
There will still be time to buy or lease before prices really start to rise, but that time is clearly coming, since very little was added in the way of new space in the past decade. So, if you have space needs, fill them now, or don't complain when you can't do it, or do it at the same price, next year!
There will still be time to buy or lease before prices really start to rise, but that time is clearly coming, since very little was added in the way of new space in the past decade. So, if you have space needs, fill them now, or don't complain when you can't do it, or do it at the same price, next year!
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