We are asked almost daily to predict the future of real estate and to answer the question “When is the best time to invest in the market?”
While Pacific Union’s regional and local market knowledge is significant and our decision-support tools are comprehensive and informative, we are not qualified as economists to provide substantive, forward-looking advice beyond a season or a few quarters.
That’s why we are pleased to announce that Pacific Union has formed an exclusive partnership with John Burns Real Estate Consulting (JBREC) to publish the first San Francisco Bay Area Real Estate Outlook 2017.
JBREC is the leading national source of independent housing research, advice, and consulting, with the goal of helping investors make informed housing-industry decisions. JBREC backs its research with detailed data, proprietary tools, and experienced professionals who hold doctorate degrees.
John Burns, CEO of his namesake consulting firm, will leverage his 20-plus years of national real estate consulting experience – as well as his MBA from UCLA and bachelor’s degree in economics from Stanford University – to provide a lens into San Francisco Bay Area real estate through 2017.
On Wednesday, Nov. 5 at 5 p.m., John and I will proudly introduce the exclusive report at the SFJAZZ Center in San Francisco. We will deliver a content-rich hour of key macro- and microeconomic attributes, risks, and variables that drive our residential real estate markets, including population growth; job growth and quality; mortgage rates; and new supply of housing units.
The presentation will include a thorough overview of the Bay Area, plus a detailed examination of the nine regions Pacific Union serves: Contra Costa County, the East Bay, Marin County, Napa County, San Francisco, Silicon Valley, Sonoma County, Sonoma Valley, and Tahoe/Truckee.
While our industry has multiple indexes that reflect the previous quarter’s results – what we call “trailing perspective”– this exclusive presentation and report will offer our real estate professionals and their clients a look into the future of Bay Area real estate.
Look for details from your Pacific Union real estate professional regarding the November event, which will be open to 350 attendees on a first-come, first-served basis. We will also stream the presentation via a live simulcast in both English and Mandarin.
Once again, Pacific Union strives to innovate and provide thoughtful market intelligence to our clients, and our partnership with JBREC is the next step in fulfilling that goal.
– Mark A. McLaughlin, CEO, Pacific Union