is commercial real estate selling in pensacola?

Asked by Chris Heyl, Pensacola, FL Mon Apr 29, 2013

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Marie Skopis, Agent, Pensacola, FL
Tue Apr 30, 2013
We are expecting a wave of foreclosures to hit in 2013 because when the financial crisis hit in 2008 business owners scurried to pull money out and many of those new notes were on a 5 year balloon which will become due this year.

However, commercial is still selling, a great resource is our own Gulf Coast Commercial MLS.

Marie Skopis
RE/MAX Horizons
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Chris Heyl, , Pensacola, FL
Mon Apr 29, 2013
I think the commercial real estate is slower than residential. Seems to still be a depressed market with the exception of spotty areas.
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