Elaine Golden-Gealer, Les and Elaine, Condos in Los Angeles, Townhouses, Lofts, real estate in Los Angeles, real estate in Santa MonicaJune 2013

Dear Readers,

Welcome to the second-quarter 2013 edition of CCIM Institute’s Quarterly Market Trends. The report provides timely insight into major commercial real estate indicators for core income-producing properties. It is produced by the National Association of Realtors® in association with and for members of the CCIM Institute, the commercial real estate industry’s global standard for professional achievement. The second-quarter 2013 report features commentary from Lawrence Yun, Ph.D., NAR chief economist, and George Ratiu, manager of NAR’s quantitative and commercial research. It also includes market and transaction data collected from CCIM members that illustrate transaction trends across the U.S. I’d like to thank the CCIM members who participated in the survey and shared insights on their local markets. While the economy poses good news and bad news scenarios for sustained recovery, consumer confidence continues to improve, businesses continue to expand, and the housing market continues its upward trajectory. Those factors make commercial real estate appealing to investors. I hope that the information provided in CCIM’s Quarterly Market Trends report provides both economic and commercial real estate market information that will assist you in your business strategies in 2013 and beyond.

Read more about the Quarterly market trends here

DRE #00598428
Senior Director, Coldwell Banker New Homes Division
With over 200 condominium, townhome and loft projects successfully marketed

“Fewer properties for sale with such remarkably low interest rates make it a great time to sell but a more difficult time to buy”