Kansas investors who are interested in commercial real estate may be interested to learn that multiple major companies experienced significant decreases in their commercial real estate property sales profits in the month of August. Reportedly, the commercial real estate market is slowing down from its previous explosive growth that has been occurring since 2011.
Due to low interest rates and extra cash being put into the market by central banks, values for commercial real estate are skyrocketing. Analysts say that buyers in the United States and other countries are buying commercial properties because they are safer today than bonds and other asset types. However, they also warn that there may be too much money flowing into this asset class.
Kansas residents will likely know how advances in information technology have revolutionized many industries in recent years. The amount of real estate data available to property buyers has grown greatly, and putting this ocean of information to innovative uses may soon change the way that properties are managed, financed and sold.
If Kansas follows the national trend, commercial real estate sales are set to be up in 2015. However, purchases of some income-generating properties also appear to be slowing down in the real estate market.
Kansas social media users may be interested to learn that a federal appeals court recently upheld a dismissal of the shareholder lawsuit filed against Facebook and several of its corporate executives, including CEO Mark Zuckerberg. The ruling was handed down on July 24 by the U.S. Court of Appeals for the 2nd Circuit in a 3-0 decision.