Coastal markets remain hot for real estate investors

Rising rates, flattening wages could hammer housing

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While real estate investors generally express cautious optimism regarding industry performance in 2005, concerns over the economy and job growth, coupled with the likelihood of higher interest rates, are curbing expectations for a robust year, according to “Emerging Trends in Real Estate 2005,” a report released by the Urban Land Institute and PricewaterhouseCoopers LLP.

The Urban Land Institute is a nonprofit education and research institute with a mission to provide responsible leadership in the use of land in order to enhance the to