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John Burns Real Estate Adds New Managing Director

""John Burns Real Estate Consulting"":www.realestateconsulting.com/ is adding a new member to its management personnel. The company recently announced that Carl Reichardt, Jr., would join the John Burns Real Estate family as its managing director of research.

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Previously a housing analyst for ""Wachovia/Wells Fargo Securities"":https://www.wachovia.com/, Reichardt will focus on identifying and analyzing new housing trends for the company's clients. During his eight years with Wachovia/Wells Fargo, Reichardt was ranked among

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the top six home building analysts by the _Institutional_ _Investor_ and Greenwich Associates polls.

Reichardt's well regarded performance earned him a spot on the II All-America Research Team for three years, and additionally, Reichardt has been a three-time recipient of the _Wall_ _Street_ _Journal's_ ""All-Star Analyst"" award. Prior to serving Wachovia/Wells Fargo, Reichardt worked as a private home builder for several years.

John Burns Real Estate noted in a company statement that Reichardt would be opening its San Francisco Bay Area office. Commenting on Reichardt's hiring, the entity's CEO, John Burns, said, ""Carl and I share a similar outlook for the industry and are passionate about helping our clients pay the right price in the right location at the right time.""

Continuing his statements, Burns went on to note, ""As we look forward with trepidation about the implications of excessive government debt and the unprecedented number of distressed homes yet to be sold, we see a long-term future of housing that is bright due to tremendous pent-up demand and phenomenal rental and homeownership affordability.""

About Author: Abby Gregory

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