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January 2010 Global Economic Outlook web conference available OnDemand!

Now that we have found “the bottom,” what’s next?

NAI Global’s Chief Economist Dr. Peter Linneman previews a slow economic recovery in 2010, with jobs on the decline through the first quarter and the housing sector in an upturn, with an in-depth review of what happened in 2009 and where we can go from here. Listen to the January 2010 Global Economic Outlook web conference OnDemand.
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NAI NP Dodge is the commercial division of the NP Dodge Company, Omaha’s largest full service real estate company. The firm is one of the oldest in the United States with five consecutive generations of ownership dating back to 1855.
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NAI NP Dodge - February Inventory
Attached is our monthly inventory for February 2010.
NAI NP Dodge - January Inventory
Attached is our monthly inventory for January 2010.
NAI NP Dodge - December Inventory
Attached is our monthly inventory for December 2009.
NAI Global Blog

Weak Demand Slows Recovery of Netherlands’ Office Market
As markets around the world begin to recover, The Netherlands’ office market is still suffering from fallout from the global economic crisis. Demand for office space is down 40% compared to a year ago. Tenants have been able to negotiate rents down 15-20% with some areas such as Amsterdam West sliding closer to 25%. Meanwhile, the amount of vacant space increased from 5 million square meters at the beginning of 2009 to 5.5 million square...

Job Growth May Be Just Months Away
According to NAI Global Chief Economist, U.S. economic recovery is well under way. He expects positive GDP growth for Q3 and 1% quarter-over-quarter growth for Q4. Almost all the metrics you would measure--housing starts, home prices, auto sales--except employment, bottomed out between February and July of 2009. "Jobs always lag by about 18 months, because you have to build up the profit momentum," he told participants in NAI Global's recent Quarterly Economic Briefing. "That profit...

Housing Market Rebound is Well Under Way
Now that recovery in the housing market is well under way, should we be worried about 19 million vacant housing units? Absolutely not says NAI Global Chief Economist Dr. Peter Linneman. Of the 19 million vacant units, 4 million are rental units, which is 1.6 million more than the norm. Another 5 million are seasonally vacant, beach houses, vacation homes, and are not relevant from a housing market supply-demand point of view. According to the...














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