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Hampton Roads Real Estate Market Review & Forecast Set for March 14 at ODU's Constant Center

Old Dominion University's E.V. Williams Center for Real Estate and Economic Development (CREED) will host its 17th annual Hampton Roads Real Estate Market Review & Forecast on Wednesday, March 14, at the Ted Constant Convocation Center.

The event is a look at the real estate landscape in Hampton Roads, with an emphasis on commercial real estate. This year's review and forecast will include a review of the past year, which saw real estate prices continue to drop in the region, and a look at the year that has already begun.

Every March for the past 16 years, the research of ODU academics and other market real estate experts has been featured in CREED's annual review.

John Lombard, CREED director and an ODU professor, said the market review plays a key role in the region, bringing together public, private and academic experts to examine current issues and trends in residential real estate.

"CREED wants to be part of the ongoing dialogue of real estate issues faced by our community. Real estate issues affect nearly every family in Hampton Roads. We hope to facilitate a broader understanding of important issues that face real estate, such as bankruptcy and future market trends," Lombard said.

The 2012 CREED Hampton Roads Real Estate Market Review & Forecast will be held from 3-6:30 p.m. Online registration is available. For more information, contact Kyllie Brinkley at kbrinkle@odu.edu, or 683-5352.

The mission of CREED is to provide information and resources for the Hampton Roads real estate and economic development communities in their quest to improve the regional economy through job creation and investment. The center fosters relationships with the development community by hosting topical seminars on key development issues affecting the region and works closely with all related professional service organizations.

The center maintains a comprehensive collection of information, including detailed demographic and real estate data, and employs the latest in geographic information and mapping software. The center publishes annual real estate market reviews on the office, industrial, retail, single-family and multifamily real estate markets and sponsors the Hampton Roads Real Estate Market Review & Forecast.

For more information visit the CREED website at http://ww2.bpa.odu.edu/creed/#.

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