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Dallas Optimism Prevails at '08 Start

DALLAS-A record-breaking crowd jams the first forecast meeting of the season. Many pros, including the panel, commingled uncertainty and optimism for a wait and see approach.

By Connie Gore | Updated on January 10, 2008

DALLAS-As gloomy 2008 forecasts roll out national brokerage houses’ doors, a record-breaking crowd of 540 brokers showed up yesterday to find out what the year has store for Greater Dallas. Whether on the stage or in the audience, there is an undercurrent of uncertainty and optimism as the year takes off.

The widespread concerns “may be a fear factor more than anything else,” said Andrew Levy, senior managing director in Dallas for Holliday Fenoglio Fowler LP. “The fundamentals are better down here than what the national press would lead you to believe.” But, he and other panelists agreed: it’s going to be another “wait and see” year.

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