July 13, 2024

commercial real estate marketThis week Moody's Investors Service reported that commercial real estate prices fell 2.3% in March, the steepest, one-month decline, in at least eight years. Retail property prices were down 5.7% from their peak last year. Plus, in a separate survey of opinions, Realtors who specialize in office and industrial properties said they anticipate a much lower level of business activity in the coming quarters. The weakening in the commercial sector is attributed to tight credit and the weak economy.   downtown San Diego homes for sale

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