Monday, May 4, 2009

According to Boulder....NNN Deals SURGED in 1st Quarter

"At least one category of commercial real estate investment is enjoying a surge in activity, though not in pricing. Net lease transactions rose several hundred percent for all three major net lease property sectors during the first quarter compared to the last three months of 2008, according to a study by Boulder Net Lease Funds L.L.C. (...More )"

The news has been mostly gloomy over the past 9 months, but we are starting to see sprouts of life in various sectors. Residential sales in our area have picked up markedly in the last 2 to 3 months. Realtors and Mortgage Brokers alike are reporting high levels of activity. I would not expect a straight-line recovery, but any good news at this point is.....well, good news.

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