Industry News

One-size real estate doesn’t fit all

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Avram Goldman, president and CEO of Pacific Union GMAC Real Estate, decided to pursue real estate after buying a house from a for-sale-by-owner seller. Goldman serves San Francisco Bay Area markets, where he says much of the economy and demand is still healthy. Goldman will speak at Real Estate Connect in San Francisco, July 23-25, 2008. He answered a set of questions posed by Inman News: What do you see happening in the real estate market in 2008? Currently, we are bouncing along the bottom of a course-correcting cycle, but certain areas like San Francisco are impervious. Like weather reports, one size doesn't fit all. Some areas will be more challenged in 2008 and 2009, while others like San Francisco still have sunny skies. Inventory as well as demand and health of local economies will determine the forecast. What advice do you have to help real estate agents and brokers get through this market? Obviously, this is not a market where you put up a sign and wait for the ...