More than 250 people attended Forecast 2010 & Beyond Wednesday and discovered that there are some bright spots for this year!
Elliot Eisenberg reminded us that us that we are not the worst market in the country and that national economic indicators show that things should start to improve for 2010. Attendees got a good chuckle at his suggestion that we need to market ourselves better and suggested we change Reno to East Tahoe!
Tim Ruffin wins the quote of the day with “flat is the new up”. Commercial deals are flat, which is better than down!
Mark Krueger reported that more land deals happened at the end of 2009 than in the past 4 years and that the majority of those sales were to local builders.
Ken Amundson busted some myths and let us know that prices are not still falling, and in fact demand for homes under $200,000 may actually be driving prices back up.
The speakers presentations are now available on our website.
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