If you're a commercial investor now is the time to be in the game. During tougher economic times we so often see companies and investors pull out of the market too late and reengage too late. If you want to reap the financial rewards of times like these (too often people take the shoebox under the bed approach) you have to be on the lookout for deals. There are Commercial Investment deals to be had, whether you are an Investor seeking an income producing asset or a small business owner searching to buy an office condo. My firm (Edge Commercial) has several properties available that meet these requirements and we have access to many, many more that are great buying opportunities.
The upcoming election is sure to be a hurdle that once through will be a help to the nation in moving out of the current downturn, regardless of who is elected the clarity of knowing will bring a measure of certainty to economic conditions. Things will turn around and those that seize the opportunity when many others are on the sidelines will reap the rewards of their hard work.
Thursday, October 9, 2008
Friday, October 3, 2008
Half Empty? Why are 6.5% and 94.3% important numbers?
So often the national media adopts the pessimistic glass half empty perspective relative to the economy and almost every other issue, hence the emphasis of this post. Things are certainly not as robust from an economic standpoint as they were just two years ago although many of our economic indicators are still very positive.
6.5%....was the increase in Colorado's personal income between the first quarter 2007 and the first quarter 2008. Nationally, the increase in personal income was 4.8% from '07 to '08. This type of growth is indicative of the solid underlying American economic fundamentals even amidst the turmoil we see in the credit markets and on Wall Street.
94.3%...is the EMPLOYMENT rate in the US as of August/September 2008. The national indicator for so many years has been the unemployment rate, the national media and even economists create commentary based on the how many people are not working. Why do economists focus on the unemployment rate which is always the smaller number? The answer: the trend in unemployment and the associated effects are what concerns economists, lack of productivity, drain on government welfare programs and the like.
The commercial real estate market along the front range has felt the effect of slower economic times during 2008. Lease rates have been relatively flat throughout Colorado for the first time in many years. There are more users looking to lease space as credit markets have tightened. On the other side for commercial investors there are deals to be made as larger inventories of industrial, office, and retail properties have created more opportunity to find a deal.
www.edgecommercialproperties.com, www.iedge.com
6.5%....was the increase in Colorado's personal income between the first quarter 2007 and the first quarter 2008. Nationally, the increase in personal income was 4.8% from '07 to '08. This type of growth is indicative of the solid underlying American economic fundamentals even amidst the turmoil we see in the credit markets and on Wall Street.
94.3%...is the EMPLOYMENT rate in the US as of August/September 2008. The national indicator for so many years has been the unemployment rate, the national media and even economists create commentary based on the how many people are not working. Why do economists focus on the unemployment rate which is always the smaller number? The answer: the trend in unemployment and the associated effects are what concerns economists, lack of productivity, drain on government welfare programs and the like.
The commercial real estate market along the front range has felt the effect of slower economic times during 2008. Lease rates have been relatively flat throughout Colorado for the first time in many years. There are more users looking to lease space as credit markets have tightened. On the other side for commercial investors there are deals to be made as larger inventories of industrial, office, and retail properties have created more opportunity to find a deal.
www.edgecommercialproperties.com, www.iedge.com
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