This time of the year, real estate companies look back on what happened last year and issue their forecasts as to what lies ahead in the coming year. A very casual but wry comment at a forum this week by Russ Hall of Picor Commercial Real Estate Services has pretty much set the tone of what to expect:
"For real estate, 2011 is going to be uneventful. Our local economy is going to limp along. It's going to be a painfully slow recovery but there is a recovery in process."
http://www.azbiz.com/articles/2011/01/22/construction_real_estate/doc4d38638bd0978701398103.txt
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