Survey Results: Furniture and Dec Arts Upper and Middle Markets

The following are the results from the January 2011 Appraiser Workshops Fine and Decorative Arts Market Confidence Survey for the Furniture and Decorative Arts  Middle and Upper market sectors.

Click HERE to download the full report and results.

Furniture and Decorative Arts – Middle Market

The confidence level of the furniture and decorative arts middle market sector remains firmly seated within the negative, and perhaps represents most of the negative issues found within many sectors today. I believe there is an oversupply and a lack of demand for this particular sector, and in economic terms, the sector is out of equilibrium. The negative confidence levels dropped only a small amount over the past three months from a high of 63.2% to 59.38%. To offset that minor positive, the positive results also dropped from 10.4% to 7.81%. This is most definitely a sector that is showing very low market confidence from the valuation community.

Furniture and Dec Arts Upper Market

The Furniture and Decorative Arts Upper Market remains strong, especially when compared to the middle market.  Positive confidence level responses increased and negative dropped.  The upper market of the Furniture and Decorative Arts remains strong.

Click HERE to download the full report and results.

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