Happy New Year 2016-Q1 Review

The first quarter of 2016 in Nevada County and the Sierra Foothills has indeed been happy.  Many properties that have been on the market for an unduly long time are finally being placed into escrow, leased or sold.  The elimination of these last remaining “legacy” properties leftover from the Great Recession should begin to cause …

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Commercial Property Values Set To Trent Upward

Two months ago we looked at commercial leasing activity including current vacancy rates and average rental rates for three primary product types – office, retail and industrial. This month, we examine sales activity for the same property types.  I have expanded this analysis back to 2007, the last year of economic growth prior to the …

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