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Tag: "commercial foreclosures"

Is the Commercial Market At Bottom Yet?

Moody’s reports that commercial prices are bumping up and down along the bottom right now. Some months prices are up a bit, and others they are down. In June prices dropped 4% is what Moody’s called a “choppy drop.” The prices are still higher than they were at the height of the recession in October 2009. Overall commercial prices are 41.4% below their peak recorded in October 2007.