Thursday, July 8, 2010

Tucson small business 'heard on the street'

I'm seeing more and more activity from my real estate clients. My assessment is small business owners are beginning to feel like now is the time to improve their locations. They are buying and leasing commercial properties at the highest levels since 2008. The psychology is more positive in many of my clients. I'm seeing more deals and GREAT deals! We all fear the threat of another 'DIP' but many clients feel this is a good time to lock in better lease rates and better purchase prices. Financing continues to be challenging. I've witnessed some (not much) softening by the banks. They continue to be ultra conservative about asset values but tend to be more open to business owners with good earnings track records. The market isn't robust but it's not dead.

Are you seeing what I'm seeing?