Summary
The summary of a 2008 nationwide real estate forecast is sprinkled with fearsome words: "greater downside risk," "repricing environment," "vulture-oriented investing," "retrench," "ebbing tenant demand," "tapped-out consumers."
But speakers at a meeting Tuesday about the "Emerging Trends in Real Estate 2008" report said Utah has a hard-charging economy and demographics that will insulate it from a lot of the troubles besetting the real estate industry nationwide.See the full content of this document
Extract
Utah Real Estate 'Healthy'
"Our fundamentals are absolutely outstanding," Michael Richmond, a commercial real estate broker for Commerce CRG/Cushman Wakefield, said at the meeting of the Salt Lake District...
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