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Warnings issued.


Despite all recent evidence to the contrary, real estate firms and brokers are beginning to express concern about the commercial market as a result of the slowdown For articles with similar titles, see Slow Down (disambiguation).
A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties.
 in the residential housing sector.

In a letter to clients, Colliers International Senior Vice President John DeGrinis warned of "storm clouds" on the horizon, noting that the bull real estate market of recent years, paralleling the bullish Bullish

Word used to describe an investor's attitude. Bullish refers to an optimistic outlook, while bearish means a pessimistic outlook.


bullish 
 housing market, may be in for a down cycle.

In his letter, DeGrinis noted that the consumer economy shows signs of unraveling.

"Most American consumers are spending more than they are earning," DeGrinis said. "What will the impact to real estate be when the consumer pulls the reins reins
pl.n.
The kidneys, loins, or lower back.
?"

Similarly, a report by Gmbb & Ellis ELLIS - EuLisp LInda System. An object-oriented Linda system written for EuLisp. "Using Object-Oriented Mechanisms to Describe Linda", P. Broadbery <pab@maths.bath.ac.uk> et al, in Linda-Like Systems and Their Implementation, G. Wilson ed, U Edinburgh TR 91-13, 1991.  suggested that real estate closely tied to the housing market may be in for a correction.

"Landlords and investors should be aware of their exposure to housing-related tenants in their properties and their submarkets and adjust their management and leasing plans accordingly," said Jim Lindvall, senior vice president for Gmbb in Sherman Oaks.

The warnings come even as commercial real estate, particularly in the greater Valley region, continues to show considerable strength.

A Colliers report noted that extremely low industrial vacancy VACANCY. A place which is empty. The term is principally applied to cases where an office is not filled.
     2. By the constitution of the United States, the president has the power to fill up vacancies that may happen during the recess of the senate.
 rates in the San Fernando Valley San Fernando Valley

Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills.
 and Ventura County industrial market continued to bolster This article is about the pillow called a bolster. For other meanings of the word "bolster", see bolster (disambiguation).

A bolster (etymology: Middle English, derived from Old English, and before that the Germanic word bulgstraz
 sale prices in the second quarter of the year. Industrial sale prices rose 240 percent in the region to $127 per square foot and rental rates climbed 6 percent in the same period.

Over the past five years, average sale prices for industrial properties in the region have soared 80 percent, the report revealed.

Grubb concluded that the impact of the slowdown in the housing market will have a modest effect on the commercial real estate sector. At the same time, the report noted that the sharpest impact is likely to be felt in the West where housing prices have increased most dramatically.
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Title Annotation:Real Estate
Author:Garcia, Shelley
Publication:San Fernando Valley Business Journal
Date:Oct 9, 2006
Words:316
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