Why a Market Slowdown Now? Michael Orr, the director of the - TopicsExpress

Why a Market Slowdown Now? Michael Orr, the director of the Center for Real Estate Theory and Practice at the W.P. Carey School of Business, and Randy Cooney, the publisher of the Arizona Journal of Real Estate and Business, were recently quoted in an article titled Deals on real estate not being found in THE RECORD REPORTER regarding the slowdown in the market. The publication is a prominent resource for legal professionals and business owners in Arizona. Randy Cooney said, In racing we call it a needed pit stop; in stocks we call it a needed correction; in sports we call it a needed time out. In order to best perform over a long period of time these so called pit stops are necessary to avoid too much run-up in values creating a market that in the long run is not sustainable.

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