Fall Symposium ~ Financial Market Forecast ~ Learn more, Earn More!

By
Real Estate Agent with Coldwell Banker Realty ~ 512.750.6899

Fall is a wonderful time of the year! There are so many fun events in Austin to check out. This week-end is the Formula One Nascar racing!

Of course in Texas football is huge; youth league flag football, pop warner, high school or college football, you have plenty of games to choose from. Now with our Q2 Stadium and new Austin FC professional soccer team we added another dimension to the sports arena.

In the fall one thing I always like to take advantage is various symposiums offered on the Financial Market Outlook, the Housing Industry and Real Estate in general. It’s the time of year to be planning for 2022 and how the market will affect my business. Formulating a game plan is a fall activity or at least it should be. If you wait until the first of the year others have already set their plans for business and personal life in motion and are a step ahead of you.

Austin PT 50 creates meaningful connections and has a motto: Learn More, Earn More! One of their partners SouthStar Bank hosted a Financial Market Forecast at the Austin Country Club that I was fortunate to attend Tuesday October 19, 2021. The featured speaker was Julie Coronado the founder of the economic research firm MacroPolicy Perspectives and a Clinical Associate Professor at the McCombs School of Business at the University of Texas at Austin. Her credentials are a mile long! She is a member of the Economic Advisory Panel of the Federal Reserve Bank of New York and a regular commentator in financial media, including CNBC, Bloomberg, Marketplace and the Wall Street Journal.

       

Her Economic Outlook focused on the disrupters and how in the middle of an unpresented COVID disruption we’ve under gone a deep, short recession followed by a fast, strong recovery,  amid a huge disruption in demand and supply. We are experiencing conflicting signals with high inflation and high unemployment! Demand is not the problem, supply is the issue. The demand changed faster than the supply and people are spending more on goods than services. Consumer debt is not increasing, in fact many have never been in such great shape with cash in hand.

It was an excellent presentation and a good walk away for me was the realization COVID forced us to problem solve. Many companies pivoted to new business models to make sure they were staying relevant and some failed. The experts and everyone are watching closely: inflation, diffusion and expectations. The next 6-9 months will tell the story.

In Austin there are many fun fall activities and celebrations but don't miss the  learning opportunities to keep us relevant and educated in our ever changing economy! Knowledge is power.

 

 

 

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Comments (10)

Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Good morning Dorie. Knowledge is indeed power and sometimes you have to rely on others as there are only so many hours in a day. Enjoy your day.

Oct 20, 2021 04:58 AM
Brian England
Vacasa - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

I would opt for the sporting events that you mentioned rather than the symposiums, haha.

Oct 20, 2021 05:02 AM
Dorie Dillard Austin TX

Oh I love the sporting events too Brian England but we have some excellent speakers that are well worth listning to to stay on top of things.

Oct 20, 2021 05:18 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Dorie - although I know Texas and Texans like their sports(especially football) it sounds as if you're also keeping your financial fitness in shape.  And not only from the comfort of an armchair.  

Oct 20, 2021 05:12 AM
Dorie Dillard Austin TX

Hi Michael Jacobs ..I love the out door activities we have at our finger tips in Texas but we are privy to such educated and excellent speakers, its a shame not to take time to listen to what they have to say. The sound bites are impressive!

Oct 20, 2021 05:20 AM
Tony Busanich
TD Bank - Freehold, NJ
1-4 FAMILY HOME LOAN SPECIALIST

Hello Dorie, Great post, the events must have been a great success thank you for sharing the information and the ideas with partnering with companies. 

Oct 20, 2021 05:35 AM
Dorie Dillard Austin TX

Hi Tony Busanich ,


I always like to hear different perspectives and keep up on what is being said. It helps me talk with clients and formulate my own views.

Oct 20, 2021 02:45 PM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Hi Dorie - I like to hear the economic presentations that are backed up by statistics.  Inflation has worried me but conumer debt is good news and disrupted supply is easier to fix than printing too much money.

Oct 20, 2021 05:44 AM
Dorie Dillard Austin TX

Hi Grant Schneider ..everything you said makes sense. Its obvious we do not have stagflation but the inflation is something to be concerned with

Oct 20, 2021 02:48 PM
Bill Salvatore - YVP Blog
Arizona Elite Properties - Chandler, AZ
Realtor - Valley of the Sun / golfArizona@cox.net

 

sounds like a wonderful program.  Thanks for the post, we made it to Wednesday, halfway to the weekend.  Hump Day.  Bill Salvatore

Oct 20, 2021 06:47 AM
Dorie Dillard Austin TX

Hi Bill Salvatore - YVP Blog ,


It's been a busy week ..these weeks are flying by!

Oct 20, 2021 02:48 PM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Dorie,

Your event reminded me of when we attended the economic forecasts that UCLA put on for commercial real estate.  That was eye opening every year. A

Oct 20, 2021 07:09 AM
Dorie Dillard Austin TX

Hi Ron and Alexandra Seigel ,


It's always an eye opener which is why I now make a point to go to these events all through the year to keep a pulse on things.

Oct 20, 2021 02:49 PM
Ed Silva
Mapleridge Realty, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

Sounds like a great event to attend not only with the lunch, but for a professional indication of where the new years' business may be heading

Oct 20, 2021 09:27 AM
Dorie Dillard Austin TX

So true Ed Silva .

Oct 20, 2021 02:50 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Dorie this looks like an event well worth the time to attend.

Oct 20, 2021 11:24 AM
Dorie Dillard Austin TX

I definitely as glad I went George Souto . I hated to miss the Active Rain Zoom meeting but felt the Forecast I couldn't afford to miss.

Oct 20, 2021 02:51 PM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

Hi Dorie- it's smart to keep on top of what is going on and not just how many homes are selling!!!  This definitely adds value to what you have to offer. 

Oct 20, 2021 11:24 AM
Dorie Dillard Austin TX

Hi Kathy Streib ,


It's so important to stay on top of things and have a pulse on a bigger picture than just Austin. It definitely helps understand what an enviable position Austin is in.

Oct 20, 2021 02:52 PM