Changing buyer attitudes and rising interest rates will have to be factored into the equation
By Gill South |inman
Pacific Union International painted a reassuring picture of the economy for the next three years at the company’s annual Real Estate Economic Forecast: Bay Area to 2019.
The presentation last night was led by Pacific Union International CEO, Mark McLaughlin; John Burns, economist and CEO of John Burns Real Estate Consulting; and Pacific Union VP and chief economist Selma Hepp.
Burns described the national housing scene as a “Goldilocks market — not too hot and not too cold.”
“It’s the economy that matters the most and it’s doing great,” he said.
