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Monthly Archives: April 2009

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Virtual Tours: A new tool for commercial real estate

Virtual tours are not really new, but the technology has improved to the point where they can be really useful. They’re a time saver for anyone looking at property listings online. Virtual tours have been used in residential listings for a few years, but I have not seen many for commercial listings. The property descriptions can be interesting, photos very helpful, but a virtual …

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Recession…Iowa City Style

  Yes, we are in a recession and boy am I sick of hearing that. Believe me, I know there are real problems with this economy, but the self fulfilling prophecy aspect of talking about it is another problem altogether. Let’s see what a recession actually means in Iowa City. I have tracked home sales prices in Johnson County since 1981. My method is …

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Real Estate Terminology 101

I talk daily with people interested in leasing property and have discovered that the way brokers price property for lease is not very helpful to the public. The small business owner, or start-up company, just wants to know what the rent is for a particular suite, but we in the industry price it by the foot per year on a triple net basis. Now, …

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