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Archive for February, 2008

Price Perceptions in Commercial Real Estate

Friday, February 29th, 2008

The Agent on the telephone had just given me a verbal proposal to purchase a property on behalf of her client. The price offered was more than 20% lower than my client, the property owner, was asking. When an offer is going to come in substantially less than the asking price ...

ARE THINGS GETTING WORSE

Thursday, February 14th, 2008

As of this posting, February 14, 2008, we have been getting a steady stream of unsettling financial news from all sides. The D word is being used more and more. The stock market dropped then has regained slightly but is still significantly down. GM announced a $39 billion loss ...

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