There were fewer sales in 2008 than seen in previous years. The reduced number of sales owes in some degree to the lack of credit available and the particular aversion to risk on behalf of lenders as well as investors in the current market. The uncertainty surrounding the ultimate fallout from the downturn in the [...]
23
Apr
2009
Tags: adjustable rate loans, Appraisal, Banks, capitalization rates, Commercial Real Estate, conduit loans, downturn, economic drivers, federal reserve bank, low interest rates, mortgage companies, national economy, PGP Valuation, rate increases, Recession, substantial growth, unqualified buyers, Vacancy