SAN FRANCISCO—Two firms, two forecasts . . . one predominately covered residential real estate and one predominately covered commercial real estate. Both events were held in the past week to provide the real estate community an idea of what is ahead in the industry as a whole for the next three years.
Pacific Union International teamed with John Burns Real Estate Consulting to present a live webcast forecast of what's ahead in Bay Area real estate through 2019. Presenters Pacific Union CEO Mark McLaughlin, Pacific Union chief economist Selma Hepp, John Burns Real Estate Consulting CEO John Burns and senior vice president Dean Wehrli combined research and analysis to project what's ahead for the Bay Area residential real estate market.
Despite being in the seventh year of economic expansion, the economy will continue growing through 2019 before slowing in 2020.
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