Commercial Real Estate tic.............tic,,, Message Board

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Strategies & Market Trends : Commercial Real Estate tic.............tic,,,

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From: jmiller099	10/7/2008 2:55:31 PM
	Read Replies (1) of 442

Anecdotal evidence from our friends in the California Association of Realtors (CAR)... Last year when San Diego was in the thick and throws of residential RE downturn the CAR launched a marketing campaign along the lines of "it's a great time to buy or sell a house". These played often on the radio shows I listen to in the morning and afternoon commute. Well, residential RE had pathetic sales volume and then staggering price drops while the campaign exhausted its funds. So how does this relate to this thread? They're back! This time the message is along the lines of "the commercial RE market is strong, call your realtor to discuss the opportunity". If you like to believe in the ill-timedness of the CAR, then CRE will be smoked in short order (if not already).

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