Online Registration is now closed for the June 22, 2004 Conference.
We will accept fax registrations until 10am, Monday June 21, 2004.
At door registration is $400, as space permits.
Events
UCLA Anderson Forecast
The UCLA Anderson Forecast
Presents the quarterly economic forecast conference

When and How Do Real Estate Bubbles Burst?
What Today's Buyers and Sellers Need to Know

Korn Convocation Hall
Tuesday, June 22, 2004

Registration Fee: $350
Affiliate/Alumni Fee: $250


Prices, unit sales, and building activity in the Southern California residential real estate market are skyrocketing. Locally, everyone is buying, selling, remodeling, refinancing, or regretting not investing in the first place. In the bigger picture, bond prices are falling, and the Fed has declared the risk of deflation gone. Yet, real estate professionals all over the country continue to invest in Southern California properties.

Join us for a realistic and practical presentation of the real estate situation here in Southern California from the UCLA Anderson Forecast economists, along with an insightful discussion with other economists, financial experts, and real estate professionals.
 
7:45am - 8:30am
Registration and Continental Breakfast
 
8:30am - 8:40am
Welcome and Opening Remarks
 
8:40am - 9:40am
The Economic Forecast for the Nation, State and Region
 
9:40am - 10:20am
Real Estate Bubbles 101
  Is there a bubble and if so how do real estate bubbles burst?
Is there a relationship between the housing market and the current economic cycle we are in?
 
  Edward Leamer, Director, UCLA Anderson Forecast
  Amy Crews Cutts, Deputy Chief Economist, Freddie Mac
 
  What Goes Down Must Come Up?
  Bond prices are falling, but how great is the risk of inflation?
When will the Fed move to change rates, and by how much?
How will this affect consumers?
 
  Michael Bazdarich, Senior Economist, UCLA Anderson Forecast
  H. Robert Heller, former Governor of the Federal Reserve System
 
10:20am - 10:40am
Questions and Answers
 
10:40am - 10:50am
Break
 
10:50am - 11:40am
Investing for the Short-run
  What will a rise in interest rates do to single- and multifamily real estate values here in Southern California?
Who is at greatest risk?
Are lenders over-exposed?
 
  Diana Brookes, Executive Vice President, Coldwell Banker
  Laurie Lustig-Bower, Executive Vice President & Managing Director, CB Richard Ellis
  Patricia W. Neal, Director, Fannie Mae Los Angeles
  Christopher Thornberg, Senior Economist, UCLA Anderson Forecast
 
11:40am - 12:30pm
Investing for the Long-run:
  Will housing supply catch up with demand in Southern California?
What has been holding it back?
Should you take advantage of today's interest rates to pay the extraordinary prices?
 
  Michael Dardia, Vice President, Sphere Institute
  Peter Lauener, President & CEO, Intracorp LA
  Robert A. Kleinhenz, Deputy Chief Economist, California Association of Realtors
  Tim Sullivan, Principal Consulting, The Meyers Group
 
12:30pm - 12:45pm
Questions and Answers
 
12:45pm Adjourn
 
Check back again for program updates.
 
Conference Sponsors:
 
Coldwell Banker Real Estate Corporation   First American Real Estate Solutions
 
Intracorp Real Estate   Pardee Homes
 
Media Sponsors:
 
California Real Estate Journal Financial Times Los Angeles Business Journal