Wisconsin Housing Conference to Examines Challenges, Opportunities of Housing Markets
The 2008 Wisconsin Housing Conference on June 6 will focus on challenges and opportunities in current housing markets. The conference is held each spring to focus public attention on issues relating to quality housing and neighborhoods in Wisconsin.
With softening prices, rising mortgage delinquencies and foreclosures, and the shutdown of much of the subprime mortgage market, discussion about the housing market has dominated the financial press in recent months. But every crisis brings a corresponding opportunity – households previously priced out of the housing market will find more affordable options, and mortgage rates for conforming loans remain near historic lows.
The conference will be held at the Fluno Center on the University of Wisconsin-Madison campus. It will highlight how Wisconsin has fared compared to the national averages and what to expect in the housing market over the next one to five years. Other issues to be discussed include: How will mortgage markets evolve in reaction to the events of the past year? What responses can be expected from private markets and from government regulators? What will the impact of the housing crunch be on the rest of the economy, including commercial real estate? What can state and local governments expect, on the revenue and on the expenditure side?
The conference will feature a diversity of leading real estate experts including government officials, housing professionals and academics who have focused on these issues. The keynote speaker will be the newly named president of the Federal Reserve Bank of St. Louis, Jim Bullard. For a complete list of speakers, visit www.bus.wisc.edu/wcre/housingconference.
The conference is co-sponsored by the James A. Graaskamp Center for Real Estate in the Wisconsin School of Business at the University of Wisconsin-Madison, the Wisconsin Housing and Economic Development Authority (WHEDA), State of Wisconsin Department of Commerce and the Wisconsin Realtors Association. Cost to attend the conference is $95.
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