Friday, January 29, 2010

No early improvement expected for commercial real estate

Commercial real estate is expected to remain a drag on the U.S. economy through 2010 and beyond.<p/> ``You do see stress in the market. We've seen delinquency rates increasing; we've seen by a whole variety of measures increased stress in the commercial real estate market,'' said Jamie Woodwell, the vice president of commercial real estate research for the Mortgage Bankers Association. http://bit.ly/bS1To8

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