GlobeSt.com Survey: Overall Values Will Stagnate

NEW YORK CITY-In the latest poll of GlobeSt.com readers, a surprising majority said most new business are popping up in suburban markets and most predicted that real estate values will stagnate in 2001.

By Amy Vaughn | April 12, 2001 at 01:01 AM

"For the most part they have held their rental rates," he continues, "and been able to maintain their value. Concessions are up across the board, though and we're seeing deals more in favor of the tenant now."

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Despite the push to the suburbs, respondents did rank their favorite and least favorite cities for real estate investments. New York City was the favorite with poll participants, with 13% of the vote for best city for real estate investment.

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