Interest rate uncertainty is changing the equation for commercial real estate buyers and sellers across Central Massachusetts.
Vice President Jonah Glickman spoke with the Worcester Business Journal about the impact on purchasing power, development and confidence at the closing table: “There’s already been a slowdown on strict investment versus the owner-occupancy side of things,” he said.
With Associate Broker Max Glickman, the team found that each one-percentage-point increase in interest rates corresponded to a 6% decrease in purchasing power under the scenarios they examined.
Read the full article: https://wbjournal.com/article/high-rates-complicate-decisions-but-businesses-forge-ahead-with-financing/
