Research Briefs

To boom or bust? That is the question

Submitted by lusk-admin on

LATimes.com
From Times wire and staff reports

The quarterly UCLA Anderson Forecast — which has been bearish on housing for a couple of years — warned that the market is at risk, largely because of the breakneck pace of price gains. The report, released last week, suggests the housing building boom that has helped drive the U.S. economy is poised for a slowdown later this year, which could lead to a recession in 2006.

The UCLA report stops short of estimating when California's resale housing market might begin to see a sharp slowdown.

Schools Turning Out Scores of Newbies in Real Estate Market

Submitted by lusk-admin on

By DAVID GREENBERG
Los Angeles Business Journal Staff

...
“Our students are generally optimistic about real estate right now,” said Sonia Savoulian, director of alumni and student services for the USC Lusk Center for Real Estate. “They see a lot of opportunity. This is a business they are glad to get into.”

At USC, where two graduate schools and one undergraduate school offer degrees with a real estate concentration, 130 students received degrees this spring, up from about 50 five years ago.