Commercial Real Estate: Highlights from the Quarterly Market Survey

Commercial Real Estate: Highlights from the Quarterly Market Survey

by George Ratiu, Research Economist

Every quarter, NAR Research produces The REALTORS® Commercial Real Estate Market Survey. This survey measures quarterly activity in commercial real estate markets and reflects data from commercial members of the Association. The survey is designed to provide members with an overview of their markets’ performance, sales and rental transactions, along with current economic challenges and future expectations. The survey questions are designed to capture the effects of the existing economic conditions on the commercial real estate business. Each quarter, participants respond to questions regarding the current demand for commercial properties, price, cap rates, rental concessions and other economic factors. Below we present highlights from the latest survey reflecting data from the first quarter of 2010.

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Look Out Cable: Time-shifting TV Is Accelerating

Look Out Cable: Time-shifting TV Is Accelerating
Posted By: Lisa Phillips

American consumers have plenty of alternatives to live TV, from TiVo and Apple TV to Hulu and YouTube. Content providers have kept some of the more popular programs off the Internet, so consumers have largely kept to “appointment TV.”

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Floorplans Are Still Shrinking

Newly built homes are continuing to shrink, this according to NAHB’s analysis of recent U.S. Census Bureau data about newly built homes.

In 2007, home sizes peaked at an average of 2,500 square feet during the big industry boom. Sizes then flat lined in 2008 and then in 2009 sizes began to shrink. The average home has lost approximately one bedroom over the last two years. That is approximately 83 square feet.

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Home Prices Continue Gains Over 2009

Home Prices Continue Gains Over 2009
U.S. home prices, including distressed sales, increased by 2.9 percent compared to the same month last year, according to CoreLogic in its monthly index.

May was the fourth straight month prices showed a year-over-year increase.

“Home price appreciation stabilized as home buyer tax credit-driven sales peaked in late spring,” says Mark Fleming, chief economist for CoreLogic. “But given that the labor market and income growth remain tepid, we expect prices to moderate and possibly decline the rest of the year.”

Source: CoreLogic (07/13/2010)

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Infographic: Earth’s Atmosphere Top to Bottom

Infographic: Earth’s Atmosphere Top to Bottom

Infographic: Earth’s Atmosphere Top to Bottom, Wow! I Though this was interesting. How vast and mysterious is our universe, wow! The Master Craftsman, was right when he said that mans highest of wisdom is his foolishness ( if He had any)…. must see.

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