Archive for August, 2008
Inman Real Estate Connect….July 2008!!!
August 1st, 2008 categories: Real Estate
What follows are my impressions and thoughts about the Conference in San Francisco, July 23rd to 26th, 2008. I will try to report rather than comment however…
First of all…San Francisco is an amazing location for a Conference…beautiful, great weather, charm and great places to indulge!!
The US Economy is in a recession (not a popular word) but the optimists think there is one year left to bottom out…however, at the end of the day…Real Estate is very local. Some areas are active and not that affected by the rest of the marketplace. The market in Canada looks way more buoyant and positive; we are not facing the levels of debt that have become part of the fabric here. Our Banks do not allow borrowers to extend themselves to this extent. The fall in the US market seems to be more about credit than it is Real Estate. Read the rest of this entry »
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