Tuesday, June 23, 2009
The market
I was speaking to a retailer yesterday and she said she thought the news of the recession had been somewhat overblown for our market. I agree. She said she has found if she doesn't read the paper or watch TV, all is well. I understand where she's coming from, but I think it is important to stay in touch. However, I do think we in Thurston County are somewhat protected, and our housing slump seems to have leveled out, now I'm feeling a shift in the office market. I am negotiating leases, and looking for space, and having other agents tell me...oh we just leased that. Business is happening. Prices have come down on rents, which for some is good news and for others Horrible news. My sympathies to the property owners who are taking this hit, but I think we all knew it was coming, we have been fairly inflated in this market for some time. Anyway, the boat's still rocking, waves are striking, and I'm curious to see where we end up leveling out.
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