The residential lending team of Marine Bank hosted an informative breakfast seminar for more than 80 local realtors and brokers at the Quail Valley Club on November 14th. The presentation, “Housing and Demographic Update” was presented by noted real estate scholar Ken H. Johnson, PhD, the associate dean of graduate programs in Florida Atlantic University’s College of Business.
Dr. Johnson’s presentation focused on the stability of the Florida housing market. Despite inflation and rising interest rates, he stated that the odds of a housing market crash are highly unlikely, citing high demand and short supply.
“For 26 years, Marine Bank has been a reliable partner for our local real estate agents and brokers by making their clients feel comfortable and confident throughout the mortgage process,” said Bill Penney, president and CEO of Marine Bank. “We also want them to think of us as a trusted resource. We hope Dr. Johnson’s insights on the current housing market will benefit them and enable them to navigate a market shift with greater confidence.”
About Ken H. Johnson, PhD
Dr. Johnson has won several Red Pen Awards for outstanding service and contribution to both the Journal of Real Estate Portfolio Management and Journal of Housing Research. He is a past editor of the Journal of Real Estate Practice and Education and is the current editor of the Journal of Housing Research. His recent articles have appeared in Real Estate Economics, Journal of Real Estate Finance and Economics, Journal of Housing Economics, Journal of Real Estate Research, Journal of Housing Research, The Appraisal Journal, Journal of Real Estate Practice and Education, Journal of Real Estate Portfolio Management, and Journal of Real Estate Law.
Dr. Johnson also served as president of the American Real Estate Society. His main outreach initiatives are the Beracha, Hardin and Johnson Buy vs Rent Index and the Beracha and Johnson Housing Market Ranking Index. Outside of his academic work, Dr. Johnson has more than a decade of applied experience in real estate specializing in the marketing of corporate- and lender-owned properties.