My New Blog

May 17th, 2010 12:44 PM

I am asked quite often have we hit the bottom of the commercial real estate market in the Daytona Beach, Volusia County area.  To quote a statistic from Moody's.  Commercial properties are 41.8% below the peak pricing experienced in October of 2007.  25.8% from just one year ago.  With replacement running 30, 40 and sometimes 50% of market value this broker's opinion is "Now is the time to buy".  It ain't going to get much cheaper.  Ask your broker where the well priced, owner financed deals are.

What's your opinion?

Posted by Claude J Gardner PA CCIM on May 17th, 2010 12:44 PMPost a Comment (0)

Subscribe to this blog
Recent Posts:
Archive:
My Favorite Blogs:
Sites That Link to This Blog:


Prudential Commercial Real Estate FL
Cell:

Contact Us | Home | My Blog

Copyright © 2012 Prudential Commercial Real Estate FL
Portions Copyright © 2012 a la mode, inc.
Another XSite by a la mode, inc. | Admin Login| Terms of Use| Site Map
All rate, payment, and area information are estimates and approximations only.



 
State:
County:
City:
Zip: