What are the specific factors that shape this buyer's market?Number one was supply/demand fundamentals (35%), followed by thedifference between bid/ask prices and the availability ofinvestment choices (both garnering 15% of the vote). Lower interestrates got 14% of the participants' nod while the relatively vague"recessionary trends" was cited by 13% of respondents.

And then there was the dire prediction of yet one morerespondent: "Sellers are all in denial. Sale prices will be lowertwo years from now than they are now."

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John Salustri

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.