The lenders had not learnt any lesson from the deteriorating home market, and now another cloud is hovering over our financial market--this time, it is commercial real estate. There has been widespread cracks in the commercial real estate market in Nevada in the rising forelcousre as well as high vacancy rate. Here is the link to this sad story unfolding.
http://www.nytimes.com/2009/09/02/business/economy/02office.html?scp=6&sq=&st=nyt
Saturday, September 12, 2009
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Despite of the economic crisis that hits the real estate industry, having the positive view is still essential. A continual communication with existing clients must be executed in order to acquire new ones. Focus the marketing plan on the niches to keep the business going.
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