Events

	JUNE 2006 ECONOMIC OUTLOOK
	What's Around the Bend for California Real Estate?
	Ackerman Grand Ballroom - UCLA (map) Wednesday, June 21, 2006 7:00am - 11:30am Program begins at 8am
	The June 2006 Forecast Journal is still available for purchase. Click the link below for the order form.

	Cost of the Event
	Conference Fee: $350
	Table of Eight: $1500 (Preferred Seating & Corporate Placard)

	Overview
	The US real estate market continued to amaze economists through 2005. Even as real prices continue to grow at a historically unprecedented pace, investments in residential structures have remained at their record high. The frenetic pace of overall sales activity in the market has continued to keep the mortgage brokers and real estate agents flush. But there are troubling signs of a slowing market. Interest rates are on the rise, market inventory levels are starting to expand and some of the nation's hottest markets, including those here in California, are starting to turn. The stock price of many of the nation’s largest home builders have started to fall with warnings about softening profits. Come join the UCLA Anderson Forecast as we analyze what's around the bend for California real estate.
	Agenda
	7:00-8:00am
	Registration and Continental Breakfast
	8:00-8:05am
	Welcome and Introductions
	Edward Leamer, Director, UCLA Anderson Forecast
	Darren Williams, President and Chief Executive Officer, Wescom Credit Union
	8:05-9:05am
	I. National, State and Regional Forecasts
	Edward Leamer, Director, UCLA Anderson Forecast
	Ryan Ratcliff, Economist, UCLA Anderson Forecast
	David Shulman, Former Chief Strategist, Salomon Brothers and former Head REIT Analyst, Lehman Brothers,
	9:05-9:10am
	Keynote Introduction
	Darren Williams, President and Chief Executive Officer, Wescom Credit Union
	9:10-9:35am
	II. Keynote Address
	What Lies Ahead for Housing? Insights From a Builder Who Has Been There Before
	Bruce Karatz, Chairman and CEO, KB Home
	9:35-9:45am
	Break
	9:45-11:00am
	III. Financial Fallout From a Slowing Real Estate Market
	Doug McEachern, National Director, Real Estate AERS Services, Deloitte & Touche, LLP (Moderator)
	Chris Cagan, Director of Research and Analytics, First American Real Estate Solutions
	Mike McCook, Former Senior Investment Officer-Real Estate, CalPERS
	Bruce Harting, Mortgage Finance Analyst, Lehman Brothers
	John M. Tipton, Esq., Partner, Allen Matkins Leck Gamble Mallory & Natsis, LLP Attorneys at Law
	Buy, sell or wait? What's the right strategy? Homes, jobs and mortgage-backed securities: How bad might it get? How much default and delinquency risk do you own, without realizing it? What about commercial real estate? Does it face the same risks as residential?
	11:00-11:05am
	Keynote Introduction
	Judy Olian, Dean, UCLA Anderson School of Management
	11:10-11:30am
	IV. Closing Keynote
	Richard Ziman, Chairman, American Value Partners
	11:30am
	Adjourn
	Host Sponsor
	Conference Sponsors
	Check back again for program updates.
	For more information regarding this event please contact us at:
	(310) 825-1623
	Last updated: June 1, 2006