Rosen’s Real Estate Market Outlook: Choppy Nationally, Smooth Locally

Fisher Center Chairman Kenneth Rosen released his much-anticipated annual Economic and Real Estate Outlook today as industry leaders gather at the Fisher Center for Real Estate and Urban Economics’ 37th annual symposium Nov. 3.

In a keynote talk, Rosen, chairman of the Fisher Center, predicted that the economic recovery next year will be "moderate and choppy."  However, the boom in San Francisco is sustainable, he says.

Rosen's keynote was moderated by UC Berkeley Professor and Fisher Center Co-Chairman Robert H. Edelstein.

The symposium, held at the Westin St. Francis in San Francisco, covered what’s next for the real estate market nationally and in San Francisco.

The day’s discussion topics included lessons from real estate icons, a talk about the future of Fannie Mae and Freddie Mac, and advice on how to broaden capital access through innovation. The conference ended with a session on what’s next for San Francisco.

Speakers and participants included:

Berkeley-Haas professor James A. Wilcox, chair of the Economic Analysis and Policy Group;  Greenlaw “Fritz” Grupe, chairman and CEO of The Grupe Company; Alexander Mehran, Sr., chairman and CEO of Sunset Development Company; Michael Lea, lecturer and the former director of the Corky McMillin Center for Real Estate at San Diego State University; Joseph Tracy, executive vice president and senior advisor to the president of the Federal Reserve Bank of New York; Craig Middleton, executive director of the Presidio Trust; Larry Rosenthal, assistant adjunct professor, UC Berkeley’s Goldman School of Public Policy and program director at UC Berkeley’s Center on Civility and Democratic Engagement; and Tiffany Bohee, executive director, San Francisco Office of Community Investment and Infrastructure.