Note that commercial real estate prices aren't getting subsidized via the first-time home buyer tax credit. As far as I'm aware, they don't qualify for FHA loans either.
Tuesday, October 20, 2009
Commercial vs. residential real estate prices
From the CalculatedRisk blog, commercial real estate prices vs. residential real estate prices since 2001:
Note that commercial real estate prices aren't getting subsidized via the first-time home buyer tax credit. As far as I'm aware, they don't qualify for FHA loans either.
Note that commercial real estate prices aren't getting subsidized via the first-time home buyer tax credit. As far as I'm aware, they don't qualify for FHA loans either.
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well commercial real estate is good for business as it lowers cost for companies that employ people....
ReplyDeleteresidential real estate lowering helps nobody other than people looking to buy a home. screw them.
oops...meant "LOWER commercial real estate"
ReplyDeleteAlso note CRE is a lagging indicator, hence its peak in early 08 vs residential peak in early 06. It shouldnt be surprising if it bottoms later in the cycle too.
ReplyDeleteCommercial real estate incline is a measure of consumer confidence. People buy small things such as clothes, food, electronics, before they are more comfortable buying a larger investment such as a home. I believe that the residential home sales will also incline in the next quarter.
ReplyDeletewith whats been happening this day..no wonder it affects the market..
ReplyDelete