With additional job losses and worries over the economy, NAR (National Association of Realtors)  is reporting that investment activity in commercial real estate is at a dead stop.

Lawrence Yun, NAR chief economic guru, noted, "Although access to home mortgages has improved, the opposite is true for commercial loans.

We need liquidity for commercial mortgage-backed instruments not only to free the market, but also to rollover existing debt. At the same time, the loss of work and jobs has had a serious effect on the requirement for commercial space.". For those with investment properties, the report also touched on home rental units.

Brian Rodgers is a Hutchinson Kansas Real Estate Agent and has sold over 2,700 + properties for over a Billion Dollars in Sales Volume.  Brian Can be reached by phone at: 1-800-339-8841 or by commenting here on this blog.