Looking Out From the Garage

Why does the NAR do this?

Office Space Demand Shrank in 4th Quarter
Sluggish economy and lackluster job growth are at root of increase in vacancies.
Read more >
Commercial Practitioner Opportunities Still Rosy
Market slowdown hasn't translated into job weakness, recruiter says.
Read more >

I just couldn't help but look at these two items from the REALTOR(R) Magazine Daily Report.  Do they read the stories? 

Is it just me, or should one notice a connection between these articles. 

If we see a decrease in demand for office space, do we not expect that commercial real estate will soften?  Should we really rush to join the commercial ranks just in time for the slowdown?  

I just can't wrap my head around the logic that would make these articles co-exist.  

If the NAR really wanted to build credibility, a good first step would be to start paying attention to little details like this.  A great second step, since the ball would be rolling, would be to not issue the "The worst is behind us" report every time crappy numbers come in.  

>>Rant OFF<< 

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5 commentsLane Bailey - REALTOR & Car Guy • January 26 2008 10:49PM