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Experts To Provide Insight Into 2007

by Chicago Agent

BY GINGER DOWNS, IOM, CAE
Chief Executive Officer
Chicago Association of Realtors

Are more condominiums on the drawing board for Chicago? Will 2007 be noted as the year interest rates went up? Will condo-hotels flourish? How much are rents expected to increase?

These questions and more will be addressed at the Chicago Association of Realtors (CAR) 2007 Economic Forecast on Friday, Jan. 19. An annual event, the Economic Forecast is the ideal opportunity to gain first-hand knowledge from expert economists. Hear predictions for local, state and national business and economic activity in 2007. If you are trying to decipher economic predictions for 2007 or are unsure about the effects of the economy on the real estate industry, you need to attend.

This year, CAR will have three expert panelists, each focusing on a different aspect of real estate and the economy: Gail Lissner, VP, Appraisal Research Counselors; Robert Barr, VP of Research, National Association of Realtors; and Sara J. Walker, Senior VP and Investment Officer, Associated Bank. The moderator will be Susanne Cannon, Associate Professor of Finance and Douglas and Cynthia Crocker Endowed Director, The Real Estate Center – DePaul University.

Topics covered last year include the media-induced housing bubble, the effect of employment on the housing market, interest rates and inflation, condo conversions, inventory levels, vacancy rates and popular neighborhoods. This year’s event is sure to be another packed with a wealth of information. If you are involved in Chicago real estate at all, the 2007 Economic Forecast will be of great benefit to you.

The 2007 Forecast is to be held at the Hyatt Regency Chicago, 151 E. Wacker Drive, Chicago. Registration will begin at 3:30 p.m., with the program lasting from 4 to 5:30 p.m., immediately followed by a cocktail reception. To reserve your space, visit www.chicagorealtor.com, or contact Jeanne Darling at 312.214.5520.

The Chicago Association of Realtors (CAR), “The Voice for Real Estate in Chicago” since 1883, represents the business interests of more than 17,000 real estate professionals in Chicagoland. CAR is led by a voluntary board of directors, elected by the membership, who work in partnership with a professional administrative staff.

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