Real Estate Guru

It's the time of year when forecasters - both inside and outside of the real estate business - look into boiling cauldrons of economic data and speculate what they think next year may look like for hosuing, office towers, apartments, etc.

So far, the outlooks we've seen have a common theme: A modest continuation of the mild housing recovery we've witnessed in recent months (click on UCLA forecast charts above for larger images) - and continuation of pain for commercial real estate markets.

But in dicey times like these there are no guarantees. In the spirit of Halloween, Insider Q&A asked around town what was spooking 13 real estate watchers about the current real estate climate...

..."What appears to be a residential real estate recovery - locally and nationally - may have lulled us into a comforting feeling about the market. Should we be 'spooked' about next year? Yes! The segment that really 'spooks' me for next year is all the "Jumbo Option Arm" loans exploding and depreciating values and no financing liquidity." - Phil Immel, Immel Team

Written by Jon Lansner
October 31, 2009
OC Register
http://lansner.freedomblogging.com/2009/10/31/13-spooky-trends-that-haunt-real-estate/42055/