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Unemployment Will Peak in November, 2009

Posted on October 17th, 2008 3:26pm by Candy Evans
Filed under Changing market trends in Real Estate, Real Estate, Realtor News, Wall Street meltdown, investment Real Estate

Texas A&M Real Estate Center’s Dr. Mark Dotzour spoke to a crowd of 1,000 in Houston, at the national convention for Commercial Real Estate Women yesterday, and outlined what it will take to bring investors back into the market. Quickie take-away — unemployment will peak in November, 2009, about a year from now. Commercial real estate needs to hit the bunkers for about two years. Then, it’s Miller Time.

2 Comments to “Unemployment Will Peak in November, 2009”

Dany @ March 16th, 2009 at 4:40 pm

I wanted to comment and thank the author, good stuff
How to Get Six Pack Fast @ April 15th, 2009 at 10:15 am

This is very up-to-date information. I’ll share it on Delicious.

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DallasDirt is a daily discussion of the Dallas-Fort Worth real estate market, led by D Home Real Estate Editor Mary Candace Evans with contributions from real estate experts and aficionados. Topics include house porn, hot neighborhoods, hot agents, hip pockets, celebrity listings, second homes, vacation homes, real estate trends, data analysis, tips for buying, selling, or staying put. If DallasDirt were a house, it'd be a three-bedroom, two-and-a-half-bath ranch transitional on a quarter acre lot with stainless kitchen and granite countertops: sophisticated with designer touches, room for expansion. Make an offer.

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