President’s Message October 2015
Fall 2015, and there’s a lot of confidence in the commercial market
Reports from NAR research tells us that Commercial real estate firms are reporting confidence and 75% of Brokers are expecting increases in income, that’s a 4% rise over last year. The REALTORS® Commercial Real Estate Market Survey for Q2 2015 found sales volume rose 9 percent from a year ago while sales prices increased 7 percent year over year. New job growth and low interest rates are additional factors impacting commercial real estate gains. Economic impacts abroad are making the US very attractive for international investors.
Please visit www.realtor.org/commercial and look for the newly published “Commercial Connections” for more information regarding the strength of the commercial market nationwide.
We at NH CIBOR are still working hard to address commercial real estate issues both legislatively and locally in New Hampshire. We would love to connect with our colleagues in all New England States, and create allegiances that would make us all a stronger voice. Please feel free to contact me with a view to working together on issues that affect us all.
I encourage all members of NH CIBOR to get involved at your local level, get involved with Planning Boards and Zoning Boards, and get involved with your local legislators. Our ultimate Public Policy goal for making New Hampshire a better place to do business demands that we all get involved. We need Cities and Towns to understand the benefits of good commercial real estate development, and we need our members to be on the ground to help educate and inform decision makers. Please get involved, and let us know how we can help you to help your community and legislators. NH CIBOR is here to help you and your communities.
Sincerely yours,
Gerry O’Connell
2015 NH CIBOR President
KW Commercial CLCG
Portsmouth, NH
gerry@oconnellre.com
603-978-8381
UPCOMING CLASSES:
RPR Session for NECPE Members
Date: Thursday October 22nd.
Time: 9am Class, plus a Webinar will be available.
Location: Keller Williams Office, 168 South River Road, Bedford, NH 03110.
Cost: Members Free
There are no credits offered for this course.
NH Commercial Oriented CORE Course
Date: Friday November 13th, 2015
Time: Registration 8:30-9:00 am / Class 9:00-12:15 pm
Location: Berkshire Hathaway Verani Office, Londonderry, NH.
Cost: $35.00 CIBOR and NECPE Members / $45.00 Non Members
Credits: 3 NH Credits
Regular Events:
Seacoast Marketing Session – 3rd Friday of every month, in Portsmouth, NH.
Statewide Marketing Session – 4th Wednesday of every month, in Bedford, NH.
For more details and events, please go to our website www.nhcibor.com and click on Calendar of Events.