Vacancy rates rise in commercial, tighten in industrial nhbr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nhbr.com Daily Mail and Mail on Sunday newspapers.
Real estate experts: Residential is booming, commercial is begging
Paul Briand
DURHAM - A panel of real estate experts at an online forum Wednesday night cited booming residential real estate but flagging commercial properties as effects of the COVID-19 pandemic.
High-flying residential sales are being fueled by low interest rates, limited supply and intense interest by out-of-state buyers, according to the “Real Estate Trends in the COVID-19 Market” panel assembled by the University of New Hampshire.
“It’s a hard time to find a house right now,” said Adam Dow, founder of the Keller Williams-affiliated Dow Realty Group in Wolfeboro.