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The good news is that commercial real estate is improving. The great news is that this improvement is forecasted to continue in the national market even with some challenges coming from the national economy.
Forbes recently published a new industry forecast for 2013 and 2014 that is largely positive. The forecast also looks at investor interest and new construction. It also examines the greatest challenge facing the national market, which is recession. Forbes stated that a recent survey of economic forecasters showed a 17-percent risk of recession.
You can read the entire forecast at this link: http://www.forbes.com/sites/billconerly/2013/02/21/commercial-real-estate-forecast-update-2013-2014/.
Source: http://journalrecord.com/2013/02/26/blog-forbes-forecasts-2013-2014-commercial-real-estate-market/
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