Commercial Real Estate Market Improving Slower Than Residential Housing Market

September 30, 2013

Despite the steady improvement in the Valley’s real estate market, the commercial real estate market has a long way to go. Mark Stapp, of ASU’s W.P. Carey School of Business, says it’s not for a lack of investors.

“There’s an incredible amount of cash available in the marketplace,” Stapp said. “It’s a lot of cash that is searching for very, very few key assets.

Stapp says one problem is a continuing lack of confidence in the overall economy.

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