The downturn in housing has captured most of the headlines in the real estate news, but things remain positive in commercial sectors. The fundamentals in commercial real estate are essentially sound. Job creation in most regions of the country are continuing to fuel demand for office space, the decline in housing is helping the multi-family sector, and despite lower consumer confidence, retail vacancy rates remain fairly stable. The recently released NAR Commercial Real Estate Outlook, which reflects a forecast for fourth quarter of 2007 figures as well as projections for 2008, shows that commercial sectors will likely remain healthy and investment in commercial properties is expected to stay historically strong.

This was what was mentioned just today in the NAR newsletter.

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