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BEGIN:VEVENT
DTSTART:20240612T210000Z
DTEND:20240612T230000Z
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SUMMARY:Mid-Year Economic Outlook: Housing Trends\, Forecasts & Insights for 2024
DESCRIPTION:Guest Speaker:\n\nAndrew Ryan Kennedy\n\nAdjunct Professor\n\n\n\nDrexel University's LeBow College of Business\n\n\n\n\n\n\n\n\n\nSouth Jersey Mid-Year Housing & Economic Outlook\n\nHousing Trends\, Forecasts & Insights\n\nWhere Are We Now and Where Are We Headed?\n\n\n\nWhere we are in the market cycle\n\n\n\nA state of projects in New Jersey (focused on residential)\, as well as an estimate of demand for residential.\n\n\n\nHow the Federal Reserve is impacting the market cycle\n\n\n\nAn interest rate/inflation assessment updated to assess what the Federal Reserve is anticipated in doing.\n\n\n\nHow demographics are impacting the market cycle?\n\n\n\nShowing affordability metrics for first time home purchaser age groups\, showing a complete deterioration in age groups 35 and below's ability to afford starter homes.\n\n\n\nAn assessment on Government actions to aid in creating more viable purchase prices\n\n\n\nFocused on 1st time home buyers but going through the big incentive changes announced in NJ on the Low-Income side. \n\n\n\nBio\n\nAndrew Kennedy is a professor of Sustainability and Real Estate Development at Drexel University.  Andrew holds a degree in Economics from Washington College\, a Masters in Finance and an MBA from Drexel University.  His prior experience before focusing on sustainability was in Risk Management for one of the largest P&C insurance companies. His background provides a unique prospective on the real estate market with a focus on credit markets\, supply and demand\, and government displacement of real estate markets.  His focus is on the practical while providing academic support for those practical decisions.\n\n\n\nAndrew Kennedy is also the co-founder and partner of The Phoebus Fund\, LLC\, a company whose focus is creating mutually beneficial systems for farmers and renewable energy.  Andrew is an experienced developer of solar energy assets in the Northeast United States\, with 10-years' experience in the renewable energy development industry\, including the development of at the time the largest rooftop solar system in New Jersey. His unique personal background provided the basis for the Agrivoltaic system. Growing up in an agricultural community\, Andrew saw firsthand the challenges of the U.S. agriculture industry\, and through Agrivoltaics has found a way to use his renewable expertise to give back and help the agricultural communities of the United States.  His patent pending Agrivoltaic system allows for the dual use of land and supports production of renewable energy while retaining and protecting agricultural lands. In addition\, the system allows for increased productivity of the farmer by providing irrigation and agricultural material dispersal.  Using his expertise in Sustainability and Economics\, Andrew developed the company to solve key climate issues while helping financially struggling farmers. \n\nEVENT SPONSOR
X-ALT-DESC;FMTTYPE=text/html:<div class="display-flex flex-wrap align-items-center full-height">\n<div class="display-flex ">\n<div class="display-flex full-width">\n<div class="display-flex align-items-center\n              mr1 t-bold"><span style="font-family:arial\;"><img alt="" height="188" src="https://chambermaster.blob.core.windows.net/userfiles/UserFiles/chambers/9292/Image/AndrewRyanKennedy.png" style="width: 192px\; height: 188px\; float: left\;" width="192" /><br />\n<br />\n<strong>Guest Speaker:<br />\nAndrew Ryan Kennedy<br />\n<span class="visually-hidden">Adjunct Professor</span></strong></span></div>\n</div>\n</div>\n</div>\n<span style="font-family:arial\;"><strong><span class="t-14 t-normal"><span aria-hidden="true">Drexel University&#39\;s LeBow College of Business</span></span></strong></span><br />\n<br />\n<br />\n<br />\n<br />\n<span style="font-size:18.0pt\;">South Jersey Mid-Year Housing &amp\; Economic Outlook</span><br />\n<span style="font-size:18.0pt\;">Housing Trends\, Forecasts &amp\; Insights</span><br />\n<strong><span style="font-weight:normal\;"><span style="font-size:14.0pt\;">Where Are We Now&hellip\;and Where Are We Headed?</span></span></strong><br />\n<br />\n<span style="font-size:16px\;"><strong><span style="font-variant:small-caps\;">Where we are in the market cycle</span></strong></span><br />\n<br type="_moz" />\n<span style="font-size:16px\;">A state of projects in New Jersey (focused on residential)\, as well as an estimate of demand for residential.</span><br />\n<br />\n<span style="font-size:16px\;"><strong><span style="font-variant:small-caps\;">How the Federal Reserve is impacting the market cycle</span></strong></span><br />\n<br type="_moz" />\n<span style="font-size:16px\;">An interest rate/inflation assessment updated to assess what the Federal Reserve is anticipated in doing.<br />\n<br />\n<strong><span style="font-variant:small-caps\;">How demographics are impacting the market cycle?</span></strong><br />\n<br />\nShowing affordability metrics for first time home purchaser age groups\, showing a complete deterioration in age groups 35 and below&rsquo\;s ability to afford starter homes.<br />\n<br />\n<strong><span style="font-variant:small-caps\;">An assessment on Government actions to aid in creating more viable purchase prices</span></strong><br />\n<br />\nFocused on 1st time home buyers but going through the big incentive changes announced in NJ on the Low-Income side. </span><br />\n<br />\n<span style="font-size:14px\;"><strong><u><span style="font-family:calibri\,sans-serif\;">Bio</span></u></strong><br />\nAndrew Kennedy is a professor of Sustainability and Real Estate Development at Drexel University.&nbsp\; Andrew holds a degree in Economics from Washington College\, a Masters in Finance and an MBA from Drexel University.&nbsp\; His prior experience before focusing on sustainability was in Risk Management for one of the largest P&amp\;C insurance companies. His background provides a unique prospective on the real estate market with a focus on credit markets\, supply and demand\, and government displacement of real estate markets.&nbsp\; His focus is on the practical while providing academic support for those practical decisions.<br />\n<br />\nAndrew Kennedy is also the co-founder and partner of The Phoebus Fund\, LLC\, a company whose focus is creating mutually beneficial systems for farmers and renewable energy.&nbsp\; Andrew is an experienced developer of solar energy assets in the Northeast United States\, with 10-years&rsquo\; experience in the renewable energy development industry\, including the development of at the time the largest rooftop solar system in New Jersey. His unique personal background provided the basis for the Agrivoltaic system. Growing up in an agricultural community\, Andrew saw firsthand the challenges of the U.S. agriculture industry\, and through Agrivoltaics has found a way to use his renewable expertise to give back and help the agricultural communities of the United States.&nbsp\; His patent pending Agrivoltaic system allows for the dual use of land and supports production of renewable energy while retaining and protecting agricultural lands. In addition\, the system allows for increased productivity of the farmer by providing irrigation and agricultural material dispersal.&nbsp\; Using his expertise in Sustainability and Economics\, Andrew developed the company to solve key climate issues while helping financially struggling farmers.&nbsp\;</span>\n\n<div style="text-align: center\;"><strong><span style="font-size:14px\;">EVENT SPONSOR<br />\n<img alt="" height="144" src="https://chambermaster.blob.core.windows.net/userfiles/UserFiles/chambers/9292/Image/RAHNnewlogobW.jpg" style="width: 214px\; height: 144px\;" width="214" /></span></strong></div>\n<br />\n&nbsp\;
LOCATION:Bonesaw Brewing (The Lager Loft -2nd Floor - Proceed through the main entrance\, straight to the staircase / elevator ) 570 Mullica Hill Road Glassboro\, NJ 08028
UID:e.9292.3710
SEQUENCE:3
DTSTAMP:20260426T220938Z
URL:http://members.blsj.com/events/details/mid-year-economic-outlook-housing-trends-forecasts-insights-for-2024-3710
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