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On Wednesday, leaders and experts from the local real estate community convened at the Double Tree Hotel in downtown Modesto for a day-long symposium on the state of real estate. Included in that mix was PMZ CEO Michael Zagaris and Duke Leffler, President of PMZ Commercial Real Estate. The keynote address by Mike helped answer many questions he’s often asked, such as; When is the housing market going to hit bottom? What happens when you enter a downturn in the market? What are the problems associated with today’s market? Why does Stanislaus and San Joaquin Counties have some of the biggest forclosure rates in the nation?
Duke provided keen insight into commercial office space costs and availability in the Central Valley. His panel presentation helped answer the questions, “Why is the commercial real estate market stable?” and “What is the realistic costs associated with new office construction?”
If you didn’t make it to the conference, not to worry. We’ve edited together both Mike and Duke’s speeches and uploaded it here on the PMZ Buzz for you to watch. Please make a comment and let us know what you think! Click below to watch Duke Leffler’s presentation.

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