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Commercial Real Estate Forecast Uncertain according to NAR

The recent deep economic downturn has had a pronounced impact on commercial real estate sectors, but credit availability is the big unknown that will determine how soon commercial markets recover, according to the National Association of Realtors®.

Lawrence Yun, NAR chief economist, said some initial movements earlier this week in commercial mortgage-backed securities are encouraging. [...]

Commercial real estate market feeling the pain; commercial loan defaults on the rise and expected to continue according to NAR

A severe ongoing credit crunch in commercial real estate lending is hampering recovery, according to a commercial market update at the 2009 REALTORS® Conference & Expo. NAR Chief Economist Lawrence Yun shared insights into the commercial markets and the current lending environment during the “Economic Issues and Commercial Real Estate Business Trends Forum” here today.

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Commercial Real Estate Slowing; Apartments looking OK

Dennis Norman

By: Dennis Norman

Today the National Association of REALTORS(R) published their Commercial Leading Indicator for Brokerage Activity for the second quarter of 2009 showing a decline of 1.3 percent to an index of 101.5, down from an index of 102.8 in the first quarter. At 101.5 the index for the second quarter [...]