2017 Annual Commercial Real Estate Forecast Competition

The 2017 CCIM Commercial Real Estate Forecast Competition scheduled for Friday, February 17, provides one of the best opportunities to learn about the many factors affecting Houston’s complex real estate marketplace.

The annual CCIM Forecast has become one of Houston’s best attended events for commercial real estate professionals. Attendees hear seasoned industry leaders discuss market conditions as well as earn four hours of MCE credit.

Future market trends are predicted with a debate-style competition by local experts in the office, retail, industrial, land and multi-family markets. In addition to the brokers discussing the various property types, the economic picture for the region and state will be presented by Dr. Mark Dotzour, a real estate economist who served for 18 years as Chief Economist of the Real Estate Center at Texas A&M University, in a keynote address at 8 a.m. Conducted at the Norris Conference Center-City Centre, 816 Town and Country Blvd #210, the Forecast concludes at noon.

Although the CCIM Forecast event is billed as a competition, the event is more about a shared perspective. The competitors listed in the table typically agree on most substantive points. But having two competitors approach the same topic from different perspectives provides additional insight into a large, complex set of markets. One presenter may be more optimistic and the other perhaps more pessimistic, but the format creates a conversation that describes the markets in more detail than a matrix of market metrics and prognostications.

Make plans now to attend the CCIM Forecast Competition if you want to gain the knowledge to make better business decisions in the Houston and Texas Gulf Coast commercial real estate marketplace.