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Commercial property market outlook

In late 2015, real estate insiders released predictions that may be of interest to Kansas property owners and investors. One economist said that even though the financial market had undergone noteworthy ups and downs, there would be a better outlook for commercial property transactions by 2016. In addition to improved sales figures, more optimistic investors have reputedly contributed to the development of stronger commercial markets.

One report said that some states had already been outperforming the rest of the U.S. in terms of employment growth, and this was believed to contribute to the health of the commercial realty market by increasing the need for rental housing. In some regions and markets, claimed economists, demand for apartments was already much greater than the supply.

Economists believe that investors from overseas will also play a role in the expansion as they hunt for improved yields and larger investment opportunities in developing market sectors. While the National Association of Realtors reported that commercial vacancy rates have been sinking for many months, industry insiders maintain that as availability increases, improvements will follow. The fact that Federal Reserve interest rate changes could decrease property prices may also have an important impact by countering the trend of rising rents and increased occupancy.

Investing in property can be tricky for those who lack an understanding of the current economic climate. As trends run their course, the advisability of investment actions like commercial development may change drastically. While some economists believe they can predict the state of future markets, investors and casual market players aren't always privy to the same insights. These individuals may benefit from learning how to structure their investments to minimize their fiscal and legal risks so that they can expand their portfolios safely.

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Our condo association was faced with monumental construction issues thanks to the original developer of our complex. We were cash poor and in no position to get legal representation without a contingency fee arrangement. Luckily for us, Scott Long and Burke Robinson were willing to take us on as clients. Their work ethic, professionalism and knowledge of condominium construction served our association very well. Any association would be well served in hiring these gentlemen to represent them.

Board of Directors - Plaza Gardens on the Lake Condominium Owners’ Association Lake of the Ozarks, MO

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