Real Estate Exec Speaks About Market
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I've got a video for you to watch today of Avram Goldman, CEO of Pacific Union GMAC Real Estate in San Francisco, being interviewed on Fox Business News last month. And since he's widely known - and affilitated with GMAC after all - I thought it would be worth your while to hear what he has to say about the real estate market in the near future. Among other things he points out the V and L curves and says that the market recovery this time will be more of a flattening out after the sharp downturn (L curve) versus, as in the past, a steep decline followed by a steep incline (V curve). The video is just over four minutes.
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