The State of the US Real Estate Market Webinar

This event qualifies for 2.0 CEUs

It’s been a slow process but the U.S. economy is experiencing a sustainable recovery, but headwinds are still threatening the hope for expansion. For the second quarter 2012 update on the State of the U.S. Real Estate Market, Mr. Korpacz will focus on the impact of the slowly, improving economy on both real estate space and capital markets as well as changes in transaction volumes, prices, and cap rates by property categories and major markets.

From this webinar you will learn:

The likely direction of near-term economic growth in the U.S.
What does positive retail sales growth tell us?
And what do the high unexpected car sales suggest?
Of all the useful economic data, which ones give us the best heads up on the direction of economic growth?
The components of the U.S. unemployment rate
How do part time workers and those who have given up fit in the quoted numbers?
Is the drop in the rate for real?
The recent historical and near term forecast of space market and transaction market trends
Is there enough improvement in rents and occupancy rates to sustain price increase?
How strong is the growth in transaction volume? Does it indicate a new wave of cap rate compression?
Are distressed commercial property sales coming to an end?

Speaker and Presenter Information

Peter Korpacz is a graduate of St. John�s University (Queens, NY). Over the course of his career, he has been associated with Landauer Associates, Inc., as chief appraiser; Korpacz & Weitzman, Inc., as a principal, Peter F. Korpacz & Associates, Inc., as owner; PricewaterhouseCoopers LLP, as Director in the Global Strategic Real Estate Research Group; and as an Executive Managing Director of Weiser Realty Advisors. Currently, he is president of Korpacz Realty Advisors, specializing in litigation-support, including expert witness testimony. He is well known for cap rate studies and valuations of regional malls for tax appeals. Mr. Korpacz is the founder and original publisher of the quarterly Korpacz Real Estate Investor Survey�, one of the industry�s standard sources of real estate capital market trends, including capitalization and discount rates and other cash flow forecast assumptions of active real estate investors. He was a principal researcher and advisor for the annual Emerging Trends in Real Estate� from the 2001 U.S. issue through the 2008 U.S. issue. He is the author of numerous articles; contributor to numerous real estate books, including the 8th and 9th editions of The Appraisal of Real Estate and the 1st and 2nd editions of The Dictionary of Real Estate Appraisal; and has received several awards from the Appraisal Institute for his contributions to the real estate appraisal industry. He is co-author of the article ― Changing Emphasis in Appraisal Techniques: The Transition to Discounted Cash Flow ― cited as one of nine articles out of more than 4,000 articles published in The Appraisal Journal in its first 75 years (1932-2007) that had a "meaningful influence on the readership.� He is also a former editor-in-chief of the Appraisal Journal.