US Office Vacancy Rate and 2017 Outlook – What It Means For You
May 2, 2017
Commercial real estate tycoons, get your wallets ready; the national office vacancy rate has officially declined to 15.7 percent! According to real estate research firms such as Reis Inc., this is the lowest office vacancy rate the US has seen since the second quarter of 2009. While this sounds good, what exactly does this mean for those investing in commercial real estate? It means that commercial real estate is increasing in demand! As employment rates and the economy, in general, continue...