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Paul Traub

Friday, January 18, 2013

Home Sales Up, Economic Forecast Sunny for Oakland County, Experts Say

Real estate expert David Trott and economist Paul Traub spoke at the Birmingham Bloomfield Chamber's Economic and Real Estate Breakfast Thursday.

Oakland County, and the Birmingham and Bloomfield area, will continue to be a great place to live and do business in 2013, according to two economic and real estate experts who spoke to a crowd at the Townsend Hotel Thursday morning. Paul Traub, from the Federal Reserve Bank in Chicago, and David Trott, chairman of Trott & Trott, P.C. and CEO of NDeX, spoke as part of the Birmingham Bloomfield Chamber's annual Economic and Real Estate Breakfast. "Birmingham and Bloomfield certainly experienced some problems (in recent years), but it wasn't as bad as the rest of country," Trott said. According to Traub, a business economist at the Detroit branch of the Federal Reserve Bank, the country, Michigan and Oakland County are beginning to see signs…

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