Wednesday, February 25, 2009

transportation to somewhere?

The Governor has just stated we are looking into rail service from Madison to Milwaukee to Chicago and possibly use some of the states economic stimulus for it. I know I have driven many times to Columbus to catch the Amtrak Empire Builder to Chicago for the weekend. A bit pricey but an easy ride right to downtown. Just think if it left from downtown Madison? Brewers Games, Shopping and Musicals in Chi Town. But at what price? If the convenience does not outweigh the price, we will still be hard pressed to give up our auto's. I am curious aren't you? Take the next survey to sound off or reply to our Blog.

The results are in for our survey on "how will the economic stimulus bill affect commercial real estate in our local greater madison economy"
33% say will depress it.
46% say not much
3 % say somewhat
Our last survey results are in. The question being Do you think the stimulus package will have any effect on our local commercial real estate were 33% depress it, 46% not much but a bit, and 3% somewhat.

Wednesday, February 18, 2009

we are not down & out

Seems that the doom and gloom has smitten the Commercial Real Estate Industry now just like Residential a year ago. Activity on leasing of property seems to be there, but like a ghost the transaction keep disappearing. No one seems to want to pull the proverbial trigger on a lease commitment. This is all a matter of consumer confidence in what the future will bring.
Well, guess what, if we are seeing that now it is already passed the market. As the market always looks ahead and we concentrate on the here and now, the next wave is on its way. Just as it took a few years to decline before we realized we were in a recession, the same is true of the bottom. We are in it and the only way up we presume, is happening now. So let's enjoy the ride up. Get geared for the new wave economy, start marketing wisely but by all means keep you and your product in front of your target market. After all, we may be down but not out...just on our way up from a long bottom.