Thursday, September 18, 2008

N.A.R.'s Cheif Economist Addresses Portland Board of Realtors


Brit and I attended a meeting this morning which featured Lawrence Yun, Chief Economist for the National Association of Realtors, giving his forecast for both the national and local real estate markets.


Mr. Yun , armed with a succinct presentation of historical data and trends, outlined his thoughts on where we are, how we got here, and where we're headed. His sentiment throughout the talk was one of optimism, hence the title "Rebound: Sharp or Modest". His overall prediction was that 2009 will bring with it a sense of market stability and confidence.


Empirical data, sharp observations and deductions, and scrambled eggs made for a very stimulating morning. Call or write for more details on Mr. Yun's presentation... he was kind enough to make his slide show available to us.

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