Commercial

Commercial Real Estate Sales Could Slow Due To Price Gap

Commercial real estate sales could slow because buyers and sellers can’t seem to agree on prices.

Nationally, buyers are wary of higher interest rates, but sellers believe strong economic conditions should bring higher prices, according to National Association of Realtors Chief Economist Lawrence Yun.

The Journal Record’s Molly Fleming writes Oklahoma City brokers are facing the same trend: Buyers are concerned about the economy, but sellers think their property is worth more than is being offered.

Read Article at KGOU.org

Leave a Reply