Friday, February 29 2008
F.C. TuckerEmge Realtors are in the fore front when it comes to commercial and residential real estate in Southwestern Indiana. Every year, both the residential and commercial departments present the “State of Real Estate” for our area. This years discussions centered on the fact that the Tri-State does not follow national trends in real estate and that commercial real estate will continue a strong growth in the retail sector, and that residential real estate will work through the supply of a 10 month inventory and get closer to the norm of 6 to 7 month inventory. The real estate market should bottom out in the third quarter of 2008 and start on an upward trend.