Deutsche Bank Analyst Says Market to Recover in 2017
An eye opening report came out today from Richard Parkus of Deutsche Bank Securites stating that the U.S. urban commercial real estate markets probably will not recover until 2017. He goes on to compare the current state with the early 1990’s. I am curious how he reconciles the level of inventory on the market today as compared to 18 years ago. Annecdotally, Tampa never experienced the speculative commercial build out this decade as it did in the late 80’s and early 90’s . The softness in this market is due to demand issues and not over-supply, as was the case 2 decades ago. (read more about Real Estate Market)
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Thank you, Maria. We are going to making improvements in the site over the coming weeks. I hope you come back frequently.
Eric