According to the latest data this quarter for the Atlanta commercial real estate market sales of commercial assets are still trending downward.

Atlanta Ga commercial real estate has a defualt rate of 10.19%. I am seeing a replay of what happened 4 years ago in the residential market.

SMSA Prob. of Default # Of Properties in SMSA Severity of Loss Expected Loss Las Vegas, NV-AZ 14.62% 750 15.54% 2.27% Phoenix-Mesa, AZ 14.12% 1,054 12.52% 1.77% Detroit, MI 13.67% 601 10.15% 1.39% Orlando,FL 11.12% 425 10.55% 1.17% Tampa-St. Petersburg-Clearwater, FL 10.47% 446 8.61% 0.90% ****Atlanta,GA 10.19% 1,065 11.39% 1.16%**** Chicago, IL 8.57% 997 6.12% 0.52% Riverside-San Bernardino-Ontario, CA 8.45% 706 8.68% 0.73% Houston, TX 6.86% 1,175 6.40% 0.44% Dallas-Fort Worth, TX 6.71% 1,095 7.56% 0.51% Fort Worth, TX 6.22% 405 7.25% 0.45% Baltimore, MD 5.87% 496 2.56% 0.15% Minneapolis-St. Paul, MN-WI 5.47% 403 6.26% 0.34% Charlotte-Gastonia-Rock Hill, NC-SC 4.89% 382 5.79% 0.28% New York-Northern New Jersey-Long Island, NY-NJ-PA 4.88% 831 3.70% 0.18% Oakland, CA 4.74% 432 3.53% 0.17% Denver-Boulder, CO 4.65% 530 4.28% 0.20% Philadelphia, PA-NJ 4.38% 548 4.14% 0.18% Orange County, CA 3.87% 747 3.29% 0.13% Washington, DC-MD-VA 3.82% 1,204 3.28% 0.13% Boston-Cambridge-Quincy, MA-NH 3.33% 517 2.83% 0.09% San Diego, CA 3.28% 716 3.70% 0.12% New York, NY-NJ 3.15% 2,167 1.80% 0.06% Los Angeles-Long Beach, CA 2.83% 2,246 2.62% 0.07% Seattle-Everett, WA 2.03% 609 2.05% 0.04%

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