© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report The Commercial Leading Indicator.

Slides:

Advertisements

Similar presentations

Bursting the Bubble: Analyzing the Real Estate Market.

Advertisements

COMMERCIAL REAL ESTATE: 2015 INVESTMENT OUTLOOK LAWRENCE YUN, PhD Chief Economist, Sr. VP National Association of REALTORS ® DONALD E. HUFFNER Managing.

Economic Outlook William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago Multi-Chamber Economic Outlook Luncheon Downers.

Triad Office Market Total Office Market: 27, 467,542 Total Sq. Ft. Vacant: 5,264,359 Vacancy Rate 19.2% Forsyth: 18.8%/Guilford 21% Average Rental Rate:

Current Market Conditions in the U.S. Office Real Estate Market A Midyear Update July 15, 2008.

What kind of demands does a new real estate market growth make on real estate quality in Estonia? Ene Kolbre Angelika Kallakmaa-Kapsta Tallinn University.

MODULE 0. Real Estate Markets & The Economy: An Empirical View.

Recovery to Normalcy Lawrence Yun, Ph.D. Chief Economist NATIONAL ASSOCIATION OF REALTORS® Presentation at Bishop O’Connell High School Arlington, VA February.

Real Estate Markets Introduction. Real Estate Markets: Economic Determinants of New Construction.

David A. Penn Director and Associate Professor Jennings A Jones College of Business Middle Tennessee State University

Why the Housing Market “Crisis” Isn’t Dr. Stanley D. Longhofer October 2, 2007.

Real Estate Markets Introduction. Real Estate Markets: Economic Determinants of New Construction.

Baltic Real Estate Markets‘ Dynamics Dr. Ieva Kvedaravičienė, MRICS ISM University of Management and Economics 1.

GLOBAL RESEARCH AND CONSULTING THE ECONOMY AND REAL ESTATE GARY BARAGONA DIRECTOR, RESEARCH & ANALYSIS JANUARY 2014.

War Room 29 Feb 2012 Housing – Rebound or Reckoning Ahead?

© 2010 Coldwell Banker Real Estate Corporation. All Rights Reserved. DBA © 2010 Coldwell Banker Real Estate LLC. Coldwell Banker Commercial ® is a registered.

Introduction to Business and Marketing Chapter 32.1.

The price is right? Presented By: Clara Lee Coldwell Banker Residential Brokerage Palo Alto Midtown.

STATE OF THE HOUSING: EXISTING CONDITIONS AND OUR ABILITY TO PLAN FUTURE REGIONAL LAND USE FOR CREATING HEALTHY & SUSTAINABLE COMMUNITIES Jamshid Damooei,

Cochise College Center for Economic Research Cochise College CENTER FOR ECONOMIC RESEARCH Economic Outlook Sierra Vista, AZ.

Cochise College Center for Economic Research Cochise College CENTER FOR ECONOMIC RESEARCH Economic Outlook Sierra Vista, AZ.

Future Direction of the Property Market in Hong Kong & Macau Nicholas Brooke, FRICS FHKIS Chairman, Professional Property Services 5 June 2007.

An overview of prepared for A D V I S O R Y G R O U P World Services Group, Inc. May, 2004 U.S. Economy & Commercial Real Estate Investment Market.

US Economy Forecast 2011, 2012 Till Schreiber College of William & Mary August 4 th 2011 Nafa Annual Convention, Williamsburg, VA.

StoneBridge Real Estate Development & Investments O’Connor & Associates Industrial Forecast Event September 23, 2009.

2015 Commercial Real Estate Forecast Greg Shutt Industrial Properties.

Real Estate Development Industry Senior Analyst: Chris Woo Junior Analysts: Nakul Pandav, Joseph Padellaro, Steve Xiarhos, Eric Des Lauriers.

2009 Economic Forecast Update & Three -Year Outlook.

NH Legislature: NH Real Estate Update January 2010 Russ Thibeault Applied Economic Research Research Support Provided By:

Salt Lake Real Estate Market Performance in 2014 Total Sales: 1.Single family down 1.7% to 11,500 homes. 2.Condos unchanged at 3,000 units. Value of Sales:

U.S. Property Market Update Mary Ludgin, PhD, Heitman Research September, 2007 There is a difference.

The Economic Outlook: Recession and Opportunities By Dean Baker Co-Director of the Center for Economic and Policy Research (CEPR)

1 January 27, Nebraska Profile 2010 NEBRASKA PROFILE Eighth Edition  State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes  Demographic.

2013 Real Estate Forecasts - Retail R1. Retail Market Areas R2.

Benson Economic Outlook GROSS DOMESTIC PRODUCT Seasonally Adjusted Annual Rate.

© 2009 by South-Western, Cengage Learning SAMIRLANDER Chapter 19.

Industrial Market Vacancy Rate YearYear End Vacancy % % % % Source: Karnes Industrial Report.

Economic and Commercial Real Estate Outlook By Lawrence Yun, Ph.D. Chief Economist, National Association of REALTORS ® Presentation at NAR Annual Meetings.

John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP Inland Empire Economic Growth... Building An Expansion.

Independently Owned and Operated Office Industrial Retail 2012 Retrench or Reboot? Commercial Real Estate Forecast.

Economic Outlook in Uncertain Times Lawrence Yun, Ph.D. Chief Economist NATIONAL ASSOCIATION OF REALTORS® Presentation to IREM Chapter 77 In Reston, VA.

Economic and Commercial Real Estate Outlook By Lawrence Yun, Ph.D. Chief Economist National Association of REALTORS ® May 14, 2015 Washington, D.C.

Artis Real Estate Investment Trust AX.UN By the Real Estate and Health Analyst Team.

2016 Multi-Family Forecast One Banker’s Perspective Tom Traficanti Executive Vice President Chief Credit Officer Heritage Bank of Nevada

Economic and Real Estate Outlook By Lawrence Yun, Ph.D. Chief Economist, National Association of REALTORS® Presentation at Region 11 REALTORS® Conference.

Washington County Market Summary January Morley & McConkie Introduction: - Southern Utah commercial market is tied to new housing construction activity.

Most dollars yet to be deployed

Professor and Michael J. Horne Chair in Real Estate Studies

John Husing, Ph.D. Economics & Politics, Inc. Chief Economist, IEEP

INLAND EMPIRE INDUSTRIAL STATS – Q

MBA Economic and Commercial Real Estate Finance Outlook

Economic & Commercial Real Estate Finance Outlook

Investment Sales Apartments | Self-Storage | Retail | Industrial

Vancouver Real Estate Market Trend in 2018

Emerging Real Estate Markets

CBRE’s US Capital Markets Activity Levels

Various Impacts of Recession on the Commercial Real Estate.

Tips to Spot a Good Commercial Property Investment

There’s No Place Like a Home Smaller Residential Investment Properties

Economic & Real Estate Outlook

Real Estate Principles, 11th Edition

Capital Markets Graphs

OFFICE C:\Users\mpetrivelli\Desktop\MP Copy of 19Q1 RET BB Template V1.xlsx Notes 18Q4:

Update: Tennessee’s Economic Recovery

MarketBeat Graphs Q

RBO ©2017 Coldwell Banker Pacific Properties. All Rights Reserved. Coldwell Banker Pacific Properties fully supports the principles of the Fair Housing.

RBO ©2017 Coldwell Banker Pacific Properties. All Rights Reserved. Coldwell Banker Pacific Properties fully supports the principles of the Fair Housing.

RBO ©2017 Coldwell Banker Pacific Properties. All Rights Reserved. Coldwell Banker Pacific Properties fully supports the principles of the Fair Housing.

RBO ©2017 Coldwell Banker Pacific Properties. All Rights Reserved. Coldwell Banker Pacific Properties fully supports the principles of the Fair Housing.

RBO ©2017 Coldwell Banker Pacific Properties. All Rights Reserved. Coldwell Banker Pacific Properties fully supports the principles of the Fair Housing.

Presentation transcript:

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report The Commercial Leading Indicator is made up of many different factors, which, when analyzed together, give a very dependable picture of the overall market.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Construction spending on commercial properties is only off slightly.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Unlike the residential market, the commercial market is largely dependant on job growth.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Overall, commercial sales volume is at pre-2006 levels.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Office building sales volumes are down to pre-2006 levels.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Industrial sales volumes are also down.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report The retail market is also at pre-2006 levels.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Oddly enough, multi- family sales volume is down as well. This is due to the “shadow” rental market. Owners of residential real estate who cannot sell their properties are putting them on the rental market.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Commercial loan defaults are well under control at approximately 2.2%. This means that the fundamentals behind the deals are sound.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Nationally, office market numbers are sound. There are pockets of the country where vacancy rates are high, but in most parts of the country the office market is holding its own.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Office vacancy rates are up slightly, topping out at about 13.2% nationally. If certain under- performing markets, such as those in southern California, Florida and Michigan are removed, the vacancy rate declines.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Office rents are still growing, albeit at a slightly reduced rate than a year ago.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report The industrial vacancy rate is remaining steady at about 9.6% nationally.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Industrial rent growth is down slightly, but holding strong.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report The most recent numbers available for industrial cap rates are from the end of last year. Chances are, that if we looked at industrial cap rates today, they would be up from this level due to a decrease in prices.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Retail completions are down, but projected to increase by the end of this year. Absorption is down slightly, but still healthy.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Retail vacancy rates rose as the residential subprime meltdown heated up, but have recently begun to rebound, and are now actually falling.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Retail rental growth is down, but still positive. The lower rental growth rate is helping to keep the retail vacancy rate down.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report As retail rental growth rates slowed, cap rates rose.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Multi-family completions are remaining steady, as is absorption.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Multi-family has the lowest vacancy rate of all the property types at the moment. This is obviously due to the foreclosure crisis the U.S. economy is now experiencing.

© 2008 Coldwell Banker Real Estate Corporation. All Rights Reserved. NRT Mid-Atlantic 2008 Mid-Year Commercial Report Strong demand for rentals has allowed rents to grow at the highest rate in years.