Cathy Carroll of the Bend Magazine wrote an article highlighting Compass Points®, the quarterly market report and broker Howard Friedman’s forecast for 2019. Here’s an excerpt from the article.
“As national media continues hailing Bend as one of the top places to live and work, Compass Commercial Real Estate Services wrapped up 2018 as its best year in the company’s twenty-year history. Factoring the current state of the economy, along with all indicators pointing to a strong commercial real estate market, they anticipate another great finish in 2019.
Market data from the national level and locally in Central Oregon tells a compelling story. Fourth-quarter economic reports from the U.S. Commerce Department revealed a 2017 growth rate of 2.6 percent, continuing one of the longest periods of economic expansion in U.S. history.
The Q4 2018 Compass Points® market report forecast was correct. ‘We’d predicted this trajectory would energize our ability to deliver the results you can expect from a team that has many professional accreditations, decades of experience and industry knowledge, and is dedicated to serving the needs of each client,’ said Howard Friedman, partner and the managing principal broker for Compass Commercial.”
To read the full article, click here.
