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.

No comments:

Post a Comment