With the economy in recession, and the sub-prime mortgage crisis threatening the real estate industry, many are wondering: is the Texas real estate economy tied to the slide in the market across the U.S. or is it insulated from it? For the hot real estate markets in Texas, what can be done to keep them that way? These are some of the timely topics to be discussed at the annual Texas Development Summit, a conference hosted by the Real Estate Center on February 4, 2008 in Houston.The center, committed to advancing the Texas economy through real estate research and education, is housed at Mays Business School at Texas A&M University.

According to Denise Whisenant, education coordinator for the center, the conference will be of interest to anyone in a field related to real estate, such as policymakers, lenders, builders, developers, and investors. The conference will provide information on a variety of legal, economic, and social issues influencing development in the state.

The center’s chief economist, Mark Dotzour, will kick off the event with an overview of the state of the Texas real estate economy. Other speakers for this event will include industry leaders, as well as professors and researchers from Texas A&M and the Colorado School of Mines. They will present information based on the latest data about market trends and real estate related legislation.

About the Center

The Real Estate Center has been providing solutions through research for 37 years. Funded primarily by Texas real estate license fees, the center was created by the state legislature to meet the needs of many audiences, including the real estate industry, instructors, researchers and the general public.

About Mays Business School

Mays Business School currently enrolls more than 4,000 undergraduate students and 875 graduate students. Mays is nationally ranked among public business schools for the quality of its undergraduate program, MBA program and the faculty scholarship of its 110 professors in five departments.

For more information about the center or the Texas Development Summit, please contact Denise Whisenant at (979) 458-4773 or visit the center on the web at http://recenter.tamu.edu/.