The story for the New Hampshire market has been on repeat all year – the commercial real estate market is tightening! In both the office and industrial markets, occupancy rates continue to rise, while rents remain consistent.
The most recent issue of the Nation’s Restaurant News, reports, “The third quarter of 2018 was relatively strong for the restaurant industry. Same-store sales were up 1.2% in September, the fourth consecutive month of growth. The industry had
2018 has seen the continuation of an aggressive commercial construction market that has been robust for the past five years. A major byproduct of the market intensity results in capacity issues that significantly affect the commercial
As I reported in my early 2018 articles the industry is better and stronger than it has ever been in recent years. The best predictor of future behavior is past behavior. Standing at roughly the 3rd quarter, it seems that what we’ve gotten so far
2017 and into 2018 the catastrophic weather and fire events have been significant, with major hurricanes hitting Texas, Florida and the Caribbean, major fires in California, an earthquake in Mexico, Florence hitting North Carolina and Michael
The tax reform package passed at the end of 2017 helped to continue an economic expansion now over nine years in the making. So far, it is the second longest in U.S. history, trailing only the ten-year period between 1991 and 2001.
Positive momentum continues to make impactful changes in the Rhode Island market. The office sector is no longer a tenant’s market, quality industrial sales have occurred leaving much demand on the market and new residential construction
As refinances have slowed down a bit with the recent interest increase, I’ve had a moment to take a breath and reflect on a few topics. One issue that concerns many appraisers is the attempt by some to implement a hybrid appraisal product.
Bill Pastuszek, MAI, ASA, MRA, heads Shepherd Associates, Newton, Mass.
The fact that appraisers spend little time with buyers during their property search, comparing neighborhoods, viewing possible alternatives, and trading off amenities between different offers is perhaps the largest gap in our knowledge of the market. When buyers or tenants view a property what do they see?