 |
         
|
 |
Archive for the ‘Commercial property prices’ CategoryPrice Perceptions in Commercial Real EstateFriday, February 29th, 2008The 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 ... Tidying Up the Subprime Mortgage Mess!Wednesday, January 23rd, 2008We are currently in the middle of a huge mortgage mess in the United States. Credit has tightened immeasurably on Wall Street and on Main Street in our hometown banks. Even foreign markets have been negatively affected. Just yesterday the Federal Reserve lowered the discount rate with a 3/4 percentage cut ... |