U.S. macroeconomic momentum dropped during the fourth quarter of 2015, buffeted by global economic slowdown and financial volatility. Payroll employment offered a bright spot, closing the year with a total of 2.7 million net new jobs, boosted by private service industries. Rising employment drove demand for commercial space across the property spectrum. Vacancies continued declining in the fourth quarter of 2015, as rising rents improved cash flows.
The REALTORS® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORS® engaged in commercial real estate transactions. The survey is designed to provide an overview of market performance, sales and rental transactions, along with information on current economic challenges and future expectations.2015.Q4 Survey Highlights
- Sixty-six percent of commercial REALTORS® closed a sale.
- Sales volume rose 7.4 percent from a year... Read More
WASHINGTON (February 8, 2016) — Buying a home isn’t as easy as clicking a few buttons and magically getting the home of your dreams, as the current real estate advertising landscape leads many to believe. The reality is that real estate transactions can be stressful and there are often challenges and obstacles along the way.
To communicate Realtor® value in helping consumers succeed in all things real estate, the National Association of Realtors® has launched a new advertising campaign, “Get Realtor®.” The campaign targets hyper-connected and... Read More
As 2016 gets underway, there has been a definite slowdown in the velocity of commercial real estate sales volume, per Real Capital Analytics. We expect commercial real estate to take on more of a defensive role in this environment, and as values and prices begin to level off, investors will likely benefit from it being a hard asset, as well as from its strong income flow, especially if long-term interest rates and 10-year Treasury rates remain low, as expected.
With respect to investment, it is always difficult to separate market realities from the “... Read More
WASHINGTON (February 4, 2016) — Despite various global and domestic hurdles hindering economic growth, steady job gains and stable leasing demand should help keep commercial real estate activity expanding in 2016, according to the authors of an annual report published jointly by Situs Real Estate Research Corporation (RERC), Deloitte and the National Association of Realtors®.
According to the report, Expectations & Market Realities in Real... Read More
Attending MIPIM? It will be helpful to get a lay of the land before you go. Following are business strategy tips along with some practical information to make the most of your time in Cannes. Enjoy!Business Strategy
Have any of your REALTOR® members who are engaged in commercial real estate business received an award or recognition this year? NAR wants to honor accomplished REALTORS® in commercial real estate by celebrating their local achievement on a national level through recognition in our National Commercial Awards Program. Take this opportunity to recognize an award-winning commercial professional from your association by submitting a... Read More
How one brokerage is using technology to simplify the search for commercial properties.
Commercial fundamentals in REALTORS® markets continued improving during the third quarter 2015, as noted in the Commercial Real Estate Outlook: 2015.Q4.
Learn what’s driving technology, media, and other information-related firms to look at repurposed industrial buildings for their workforce.
WASHINGTON (November 24, 2015) — Sustained job growth throughout the country and improving credit conditions are forecast to help keep commercial real estate activity expanding into next year, but property prices are likely to slightly cool off after reaching their peak in some major markets, according to the National Association of Realtors® quarterly commercial real estate forecast.
National office vacancy rates are forecast by Realtors® to decrease 0.8 percent to 14.8 percent over... Read More
These slides were presented by NAR Chief Economist Lawrence Yun at the Commercial Economic Issues & Trends Forum at the REALTORS® Conference & Expo in San Diego, CA, on November 13, 2015.
WASHINGTON (November 13, 2015) — While commercial real estate has been steadily recovering in recent years, industry experts expressed concern that prices may have reached a peak during the Commercial Economic Issues and Trends Forum at the 2015 REALTORS® Conference & Expo.
Lawrence Yun, NAR chief economist, said the fundamentals of the commercial real estate market have been gradually improving and this has led to prices rising to new peaks.
"... Read More
The REALTORS® Commercial Real Estate Market Survey measures quarterly activity in the commercial real estate markets. The survey collects data from commercial REALTORS®. The survey is designed to provide an overview of market performance, sales and rental transactions, along with current economic challenges and future expectations.2015.Q3 Survey Highlights
- Sixty-three percent of commercial REALTORS® closed a sale.
- Sales volume rose 7.2 percent from a year ago.
- Sales prices increased 3.8 percent year-over-year.
- ... Read More
This infographic contains information from NAR's survey of REALTORS®' use of Small Business Administration loans, education, and training.More Information
Mark Alexander, CCIM, specializes in helping medical practices do sale/leaseback transactions on their office buildings. He joined this segment of the Commercial Podcast to talk about this potentially lucrative corner of the market, his experience working with clients across the country, and his time as past Commissioner of the Fort Myers Housing Authority.
NAR President Testifies Before House Judiciary Subcommittee in Support of Responsible Commercial Drone Use
NAR President Chris Polychron testifying before the U.S. House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet
WASHINGTON (September 10, 2015) – Today, National Association of Realtors® President Chris Polychron testified before the U.S. House Judiciary Subcommittee on Courts, Intellectual Property, and the Internet at a hearing entitled “Unmanned Aerial Vehicles: Commercial Applications and Public Policy Implications.” NAR testified on the growing interest in the use of drones, their commercial application in the real... Read More