January 25, 2010

It only gets worse this year for commercial real estate

Commercial real estate is expected to remain a drag on the U.S. economy through 2010 and beyond. "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.

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