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2009 Residential Real Estate Summit
Earle Brown Heritage Center, 6155 Earle Brown Drive, Brooklyn Center, MN 55430
1/14/09


2009 Residential Real Estate Summit
Wednesday, January 14, 2009
Earle Brown Heritage Center
6155 Earle Brown Drive
Brooklyn Center, MN 55430
7:15 am Registration
7:30 am Continental Breakfast
8:00 am - 12:00 pm Program

The Minnesota Real Estate Journal in conjunction with Minnesota Association of REALTORS®, Minneapolis Area Association of REALTORS®, St. Paul Area Association of REALTORS®, North Metro REALTORS® Association and Southern Twin Cities Association of REALTORS® are proud to present the 2009 Residential Real Estate Summit. This unique event will provide valuable insight from local and regional industry leaders regarding the current state and future forecast of the residential real estate market. Join us, and hear the live release of the official 2008 Twin Cities Housing Market Statistics.

4 HOURS OF REAL ESTATE/APPRAISAL CE CREDITS & 3.5 HOURS OF CONTINUING LEGAL EDUCATION CREDITS HAVE BEEN APPLIED FOR

ONLINE REGISTRATION IS NOW CLOSED - WALK INS WELCOME $139 AT THE DOOR

For more information call 952.405.7785


PROGRAM AGENDA:
8:00 AM Looking Forward on the Economy
Keynote Speaker: Tobias Madden, Regional Economist, Federal Reserve Bank of Minneapolis

  • What is the outlook for the world, national and regional economies?
  • A detailed look at the residential real estate sector

8:40 AM Capital Markets: Financing and Lending Update
Moderator: Tom Musil, University of St. Thomas
Jeanne Kadrlik, US Department of Veterans Affairs
Anita Olson, US Deparment of Housing and Urban Development

Alex Stenback, Residential Mortgage Group
Keith White, Marketplace Home Mortgage LLC

  • Changes in the lending industry
  • The impact of foreclosures on lenders, communities and consumers
  • Mortgage rates: where are they headed and why
  • What does the future hold for the Twin Cities mortgage market
  • What is the impact of the $700 billion bailout on the Real Estate Industry

9:20 AM Break

9:40 AM 2008 Twin Cities Housing Market Statistics
Bob Day, North Metro REALTORS® Association
Steve Havig, Minneapolis Area Association of REALTORS®
Rae Jean Malone, St. Paul Area Association of REALTORS®
Tony Maurer, Southern Twin Cities Association of REALTORS®

  • The official release of 2008 Year-End Twin Cities Market Statistics to the media
  • Hear what 2009 will have in store for the local housing market
  • Brief question and answer session for the assembled media

10:05 AM State and Federal Housing Policy Update
Moderator: Christopher Galler, Minnesota Association of REALTORS®
Dan Bartholomay, Minnesota Housing Finance Agency
Phillip Creglow, National Association of REALTORS®

  • State housing policy update: what will the impact be at the street-level?
  • Federal housing policy update: what will the impact be at the street-level?
  • The future of FHA, Fannie and Freddie and what it means

10:45 AM Break

10:55 AM Legal Strategies in a Down Market
Moderator: Peter Coyle, Larkin Hoffman Daly & Lindgren Ltd.
Thomas Alexander, Larkin Hoffman Daly & Lindgren Ltd.
William Griffith, Larkin Hoffman Daly & Lindgren Ltd.
Gary Van Cleve, Larkin Hoffman Daly & Lindgren Ltd.

  • Dealing with work outs and troubled projects
  • Foreclosure and bank selling - how to work the process
  • Are my property taxes too high?
  • Will I benefit from the Stimulus Package?

11:20 AM New Construction & Land Update
Moderator: Tom Gump, Neighborhood Development Partners, LLC
Jon Aune, Lennar
Michael DeVoe, The Ryland Group
Michael Noonan, Rottlund Homes
Art Plante, K. Hovnanian Homes

  • Where are we today and specifically what does it mean for the future of the housing industry? How did we get into this situation? Are there bright spots within the market?
  • How has today’s reality altered the way we conduct business – managing inventory (land, lots and production homes), pricing and incentive strategies, product design, addressing the uncertainty from the credit and mortgage crisis, dealing with prospects.
  • What does the future hold? Thoughts about what the industry will look like as we emerge from the present slowdown. Addressing the notion that participants need to return or go back to basics – what defines the basics and do you necessarily agree?

12:00 PM Networking

ONLINE REGISTRATION IS NOW CLOSED - WALK INS WELCOME $139 AT THE DOOR



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