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Wednesday, September 4, 2013
Commercial property in the area
This year I have been busier than the past couple of years with commercial properties. We have seen quite a few offers lately, compared to previous years. This is nice to see and I hope it continues. More commercial sales usually means more businesses coming to town, which means more work coming to town, bringing more people. The statistics people say that for every seven workers, it adds another service industry worker. The local rental market has close to a zero vacancy rate, due to several reasons - windmill farm construction workers, school pod construction workers, displaced High River residents, and more. And the local housing market is slowly seeing the inventory getting to a smaller, more manageable size. Have we turned the corner, hitting an upswing yet???
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