Good news…along with the general economic recovery, the U.S. commercial real estate market is expected to continue on its path toward recovery in 2013, according to ULI’s Emerging Trends in Real Estate report. Though the report doesn’t call for a whirlwind recovery, it does provide confidence that we will continue our slow and steady growth pattern through next year.
Like most industries, the long-term success of most commercial real estate professionals relies on patience and proper timing. So although the market may not display the hustle and bustle of 2006 and 2007, the smart players know it’s not a sprint, it’s a marathon. A little pace and patience should serve you well in 2013 and beyond!