Spanish and Italian commercial real estate markets meltdown

``I've been following this slow motion collapse in the euro zone for more than 2 years and thought I was immune to shock. Those numbers shocked me. A great big economy like Spain and they managed only 3 commercial property transactions for the whole quarter? Talk of a bailout has quieted some since the loans to Spanish banks have shored up that sector of the economy - at least temporarily. But with those kinds of numbers, the crisis can come roaring back at any time.''