The commercial real estate market continues to struggle, despite the housing market preparing for a rebound. To help you understand what is going on and what we expect to happen in the future, our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You'll get all the latest news first by subscribing, but we will publish many (but not all) of the forecasts a few days afterward online. Here’s the latest...
Expect the inventory of existing homes on the market to remain low. Supply has ticked up over the past year but remains historically thin. And no wonder: About 60% of outstanding mortgages have a rate of less than 4%. This makes many homeowners reluctant to sell and give up their low interest rates.
