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Next year, sellers will need to meet new real estate pricing expectations in the market. We are in the tenth year of a bull run, and pricing has continued to reach record levels. As a result, investment volumes have stabilized, but next year, Steve Jacobs of Ten-X Commercial expects pricing to decrease. When that happens, buyers will be lining up to purchase properties, driving investment volumes up.

“There is always a massive appetite for investors to purchase real estate, no matter where we are in our economy,” Jacobs, CEO of Ten-X, tells GlobeSt.com. “It is the dynamics that architect the behavior. In 2019, pricing has been very strong and interest rates have been very low. This year, I am seeing a big appetite in all sectors, and sellers are holding pretty strong on pricing. Going into 2020, I expect to see that same pattern of behavior, but a lot of economists are predicting a dip in the market. If we have a dip, sellers are going to have to lower their pricing expectations, and the buyers will be there.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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