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The Real Estate Bloggers

The Real Estate Bloggers


Mort Zuckerman says “Home Prices Will Decline For Years”

Posted: 04 Jan 2011 05:27 AM PST

If you are in commercial and residential real estate, take a look at this CNBC interview with Mort Zuckerman. The editor of US New and World Report and owner of the Daily News and more importantly Boston Properties talks about the demand in residential and commercial real estate.

He is pessimistic about the residential real estate market. So much so he is making me nervous listening to him. On the upper end of the commercial real estate market is where he sees the value. The low end of the commercial market will also suffer as successful companies move up.

The video is 8 minutes long but I really think it is a smart watch for anyone in the real estate industry.

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Mort Zuckerman says “Home Prices Will Decline For Years”

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