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The Market's Bottom is Getting Closer

A lot of money is getting ready to start buying, which is one indication.

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When do you know that a CRE market in a slump has hit bottom? Here’s the answer you get from Steven Jason, managing principle of EOS Real Estate and Financial Advisory: “The simple answer is nobody knows, and you don’t know until you’re past it and can see it in hindsight,” he tells GlobeSt.com.

In that sense it’s like a recession, something only recognized after the fact. But there are indicators that, if not at bottom, maybe markets that have been sliding for a long time are at least getting close.

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Erik Sherman

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