Predicting the “when” commercial real estate prices will drop is simply impossible. But there are causes that can be examined and watched that will give the market a “heads up.” Allen Buchanan, of Lee & Associates Orange, outlines 5 potential contributing factors to commercial real estate prices dropping:
- The property won’t appraise.
- A spike in interest rates.
- The Black Swan event.
- New inventory.
- Buyers say enough is enough.
An original post on AllenCBuchanan.com on July 7, 2017 written by Lee & Associates’ Allen Buchanan in Location Advice – California Businesses. Image Attribution: www.latitudeco.com
