This current issue of the MacRo Report was released today to over 20,000 residents and others who are interested in Frederick County, Maryland land and commercial real estate news and information.
The following MacRo Report entry is written by Rocky Mackintosh, President of MacRo, Ltd. regarding the importance of wise choices.
When one peels away the layers of the real estate onion, what is found at its core is the human element. It’s the decisions that people make that impact everything having to do with real estate.
Very obvious, you might say, but it is the collective decision making of people that impacts the peaks and valleys of business and economic cycles.
Like a flock of birds, it starts with one and others often follow.
The real estate boom of the last decade followed a similar pattern. It seemed that “incredible”opportunities just kept coming, so many decided to follow suit. When the merry–go-round stopped, the decision for those who could afford to was to“wait and see.”
The real estate market is now five years into its downturn, and many of those sideline observers have decided to sell. Their independent decisions are based upon their personal or business circumstances.
After nearly 40 years in the land and commercial real estate business in Frederick and its surrounding counties, MacRo, Ltd., has been there to assist our friends and clients in providing each with the information necessary to make wise real estate decisions.
How may we help you?
Market Conditions Continue to Improve!
Some sectors of the economy are showing promise even as the stock market continues its wild roller coaster ride of the last few months. The National Association of Realtors reports that existing home sales increased in August, with monthly gains seen in all regions. Projections for commercial vacancy rates from the third quarter of 2011 to the third quarter of 2012 are expected to decline, and Kiplinger’s Personal Finance namedWashington D.C., as third on its list of the nation’s top 10 innovative cities that have potential for growth over the next decade. These numbers reflect the momentum we’ve experienced in Frederick County over the last few months. MacRo has continued to see lots of movement in various sectors of the market, including the properties pictured here.
Whether you are looking for retail, office or general commercial space, check out some of our new or current listings or give us a call at 301-698-9696.
Click here to download the complete PDF version of this fall’s MacRo Report!