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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (304020)2/6/2011 5:05:45 PM
From: tejekRead Replies (1) | Respond to of 306849
 
Just read an article about Seattle's downtown office market. It turns out that 3 million sq ft of space hit the market just as we went into the great recession. That pushed vacancies rates up significantly. Currently vancanies rates are anywhere from 13%-20%, depending on the broker, and there is a belief they peaked last summer and are on their way back down.


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