Tuesday, September 30, 2008

Survey to Gauge Condition of Atlanta Real Estate Industry

Georgia State University Real Estate Department Honorary Board meeting
7:30 a.m. to 9:30 a.m. Thursday, Oct. 2
The Commerce Club, 16th floor, Lane Room, 34 Broad St., Atlanta, GA

Bringing together some of the captains of Atlanta’s real estate industry, the real estate department at Georgia State University’s J. Mack Robinson College of Business hopes to take the temperature of the local market, and determine how movers and shakers see the future.

At the next meeting of the real estate department’s Honorary Board, which includes more than 50 CEOs, VPs, attorneys and others working in the industry, the department will launch a survey of how those leaders view their industry and its prospects.

“Real estate is huge in Atlanta and as goes real estate, so goes Atlanta, and it’s been that way for a while,” said Julian Diaz III, the chair of the Robinson College’s real estate department. “If this group thinks that the next two years are going to be tough years, that’s going to be important information,” he said.

The survey queries board members about their impressions of Atlanta’s economy, stability of commercial and residential markets, the outlook on interest rates, and what kind of impact each presidential contender might have on the health of the U.S. economy. Diaz said some questions on the survey will be posed again at future meetings in order to chart the development of trends.
Results of the electronic survey will be available once it’s completed. The meeting will be from 7:30 a.m. to 9:30 a.m. Thursday, Oct. 2, in the Lane Room on the 16th floor of the Commerce Club, 34 Broad St., Atlanta.

Georgia State University Economic Forecasting Center Director Rajeev Dhawan will be the keynote speaker.

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