One of my friends who has a business tied to commercial real estate asked the other day for indicators on when that might reboud. I pointed him at Calculated Risk and once again they do not dissapoint. As they point out commercial real estate usually lags resedential by five quarters or more, which spells problems for commercial real estate. Now as all real estate reports, things vary geographically, but generally this says to hunker down, which continues to be my advice in all sectors.
http://www.calculatedriskblog.com/2009/01/non-residential-structure-investment.html
Disclosures: None
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