Vacancies are up, rents are down. Building sales are few and far between. What will 2010 bring for the commercial real estate market?
Chicago Business Today January 5 2010
2010 Chicago commercial real estate outlook
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1 Comment
stacylogical said:
If the numbers mean anything, it looks like Chicago's West Loop neighborhood is showing signs of stability.
According to Chicago Real Estate Agency At Properties www.atproperties.com, key indicators are moving in the right direction.
Average number of days properties are listed have decreased and the number of properties on the market have also decreased. Additionally, sellers are getting what they want in terms of sales price as a percentage of asking price. This should mean good news as sellers and agents prepare for the spring and summer selling seasons.
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