Despite higher interest rates and growing inflation, the economy continues to grow in 2023. Alas, the indicators for the US economy do not necessarily reflect those of commercial real estate markets, which warrant a detailed look. Appraisers are tasked with using historical data such as that presented in this newsletter with real-time trends in their valuations.
This newsletter is designed to be an easily digestible tool for you to get a quick picture of the Northern California commercial real estate markets in the last quarter. Some figures are interpolated and estimated due to variances between the information sources. Contact us for a current and detailed analysis of your particular property and the market and submarket in which it competes.