Friday, November 6, 2009

Commercial property market to hit bottom in 2010, report says -- latimes.com

Commercial property market to hit bottom in 2010, report says -- latimes.com

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After reading this article, I am encouraged that there may be an end in sight of this economic chaos. If you are an owner of a commercial building, hang in there! There is light at the end of the tunnel. I know it's tough right now. This may be the time to become creative with creating cash flow and compromising a bit with rents.(Now only if the banks would loosen up their wallets a bit.) If you are in the market to purchase, there are tons of good deals for you and you have the power of negotiation on your side. If you need a good realtor, escrow company or real estate direction, email us your question or concerns and we would be happy to help you. Have a great weekend and keep coming back to check on our progress as we build a company suitable to your needs.

Posted by: James Oronoz

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