Karen Arbutine & Associates
Orlando
1-888-727-7778
Menu

Commercial Market Recovery To Take Flight in 2018

NEXT
PREV
Tue, Mar 01, 2011 at 11:24AM

 

News reported that Wells Fargo economist told commercial broker last week that this year should signal the end of the economic decline for most commercial real estate sectors.

 

The recovery will be slow, however, Senior Economist Mark Vitner; spoke at the Grubb & Ellis forecast sessions in Orlando.  2018 that is the year the recovery phase is likely to take, Vitner said.  It could take even longer if job growth were to remain on it present trajectory.  Vitner said he has been seeing increases in nonresidential construction, as well as heavy industrial operations such as utilities.  Retail, he added, is likely to continue to struggle.  This projection is expected to remain slow to respond in part because of housing market that will not experience its typical spring boost, as buyers continue to have challenges in qualifying for mortgages.


Bookmark & Share



User Comments

Re: Commercial Market Recovery To Take Flight in 2018
Really awesome posting, with great knowledge. For these type of posting i am searching from last two months
Author: / Sat, Mar 12, 2011 at 4:08AM

Popular tags on this blog

Awards & Recognition | Central Florida New Home Construction | central florida news | Curb Appeal | Entertainment | Finding Your Dream Home | Foreclosures | Golden Oak Real Estate | Heathrow FL News | Hot 100 Realtor Hall of Fame | Housing Market | Karen Arbutine | Longwood FL Home for Sale | Longwood FL News | Luxury New Home Construction | Memorial Day | Mortgage News | New Home Construction | Orlando FL Economy | Orlando Luxury Homes | RE/MAX | Real Estate Myth | Real Estate News | Sales Tax | Selling Bonus |



All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independent verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. The source of the listing data is as follows: My Florida Regional MLS (updated 6/23/17)
Read Our Blog
LISTING SEARCH

- OR -

Advanced Search 

SHARE THIS PAGE
Read Our Blog

Your privacy is our utmost concern. We will never sell your personal information. Privacy Policy
©2015 getorlandorealestate.com - all rights reserved. | Site MapThe Lake Mary / Heathrow Florida Real Estate Blog




More Central Florida Real Estate