The last few weeks of 2012 revealed a lot about what 2013 could hold in store for the commercial real estate sector, and it appears to be shaping up to look a lot different (i.e., better) than the last couple of years.
Deal flow increased notably after the presidential election as the uncertainty ended over what policies would shape the U.S. economy for the next four years and as the housing market recovery seemed to take hold.
Also, the fiscal cliff proved to be a political hallucination - a compelling hallucination, but a cliff that nevertheless that could be pushed off in time rather than us being pushed over the ledge.
So, with the prospect of another Washington-induced recession seeming more imaginary than authentic, it also appears that 2013 will be a year when the CRE markets see a return to more normalcy.
Following are a dozen outlooks for 2013 encapsulated from forecasts offered by respected industry participants and observers.
Read more...12 CRE Predictions for 2013 - CoStar Group
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