Woe is the market analyst who shoots from the hip. There is too much opportunity and rationale these days, or for that matter, at any time, for closer examination of the data, analysis, and conclusions set forth by appraisers reporting the decision-making processes of participants in the real estate market.
Who among us has not been [...]
Archive for July, 2009
Capitalization Rates Without Market Activity
The Chasm Between Buyers and Sellers
Now that the reality of the credit market crisis, which really began in July 2007, has fully taken effect, 2009 has been a period of repositioning within the market. Ironically, the repositioning will be a “return-to-the-old”. Commercial real estate values are returning to the core fundamentals that always drove the market prior to the rise [...]