Commercial Real Estate Falling

Posted on November 19, 2007
Filed Under Real Estate

It was recently found by the Moody’s Investors Service that the value of commercial real fell by 1.2% in September as compared to the previous month. Slight decline in values can have a big impact on property owners and cause trouble in refinancing their mortgages specially when all they are paying is the interest amount and not the principle amount as well.

It was also found that available sublease swelled to 77 million square feet from 73 million square feet in the second quarter nationwide. This was the first nationwide increase in the last five years. It is said that according to the trends CRE market trails the residential real estate market by about almost one year. So it can be rightly said that CRE is right on schedule.

The reality of home inspection is that many people don’t realize that uniform building codes are very important. Things like mold removal is important when you are dealing with home inspections.

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