31/10/2019
What makes the difference between international real estate and real estate in North America? Here are the four reasons. 1. New York dominates the ranking of the most attractive cities. New York strengthens its position on the world's leading investment property, with annual growth of + 20% year-on-year, ranking # 1 in Cushman & Wakefield's "Winning in Growth Cities" investment index the 8th consecutive year. It retains its second place in the ranking of the most favorable ecosystems for startups. The wages of developer... See more.

15/10/2019
T he international luxury real estate market is booming. High net worth investors are interested in investing in safe investment. London, New York, Hong Kong and Miami have the favors of the richest of the planet, unlike Paris, slightly down. The last spring, most professionals in the Paris area, but the price of a real estate market, despite a lull in the summer, would continue to see its price per square meter at least 2020. The backsliding them right: in September 2019, "i... See more.

13/09/2019
Paris is fast becoming the big European capital of luxury real estate. Indeed, Paris is the favorite hunting ground for international customers. Manuela Baron, director of the agency Emile Garcin Real Estate - Paris Rive Gauche, testifies: "the apartments with more than 3 million euros have jumped with the English, American and Asian customers." She cites the example, in an eighteenth century mansion, of at 250-square-meter apartment, near the Luxembourg Gardens, which sold for 6.2 million euros. The capital has taken the advantag... See more.

07/09/2019
Cities are always more competitive, fighting hard to find their place in the megacities of world rank. Offices move with them, seeking the ideal location and the most appropriate profiles. JLL has investigated and identified 10 global trends. Visionary company. Visionary companies are doing well by recording record-breaking performance rates and being armed for tomorrow.   Digital imperative. Technology will be the main investment prior... See more.

05/09/2019
According to the latest research from CBRE, US net-lease investment is outpacing the broader commercial real estate market in 2019, with increasing demand for both foreign and domestic investors for office and industrial assets. Net-lease investment - including office, industrial and retail properties - climbed 17.2% year-over-year in the first half of 2019 to $ 33.4 billion, with total sales volume growth at 13.4% over the same period. Net-lease investment volume in Q2 2019 was the second-highest quarterly total o... See more.

29/08/2019
According to a report by ATTOM Data Solutions, which analyzed qualified opportunity areas established by the US Congress in the Tax Cuts and Jobs Act of 2017, it was found that approximately 80 percent of those areas were below average. The national figure of $ 266,000 and that half had less than $ 150,000. The report further compared Opportunity Areas to be found in the regions where they are less than 50 percent of the typical value in the Metropolitan Statistical Areas where they exist. "Opportunity Zones a... See more.

27/08/2019
Based on the latest results of the National Association of Home Builders' Multifamily Market Survey, US builder confidence for new multifamily housing improved in the second quarter of 2019. The Multifamily Production Index (MPI) increased 16 points to 56 compared to the previous quarter. Meanwhile, and the Multifamily Vacancy Index (MVI) fell eight points to 40, with lower numbers. The MPI is a weighted average of three components of the multi-family housing market: low-rent housing units, which are subsidized... See more.

22/08/2019
Residential News »Detroit Edition | By Monsef Rachid | August 22, 2019. According to a report from Redfin, a typical family in the San Francisco area would need to triple their annual income to comfortably purchase a median-priced home. In stark contrast, the typical family in Detroit earns more money for median-priced home. In San Francisco, the cheapest household, the median household income of $ 92,714 falls in the $ 265,000 per year needed to afford a median-priced home, whi... See more.

16/08/2019
Residential News Santa Barbara Edition | By Michael Gerrity | August 15, 2019. Median home price in California hits $ 608,660 in Q2 According to the California Association of Realtors, higher prices and further reduced Californians' ability to purchase a home in the second quarter of 2019. The percentage of home buyers who could afford a median-priced, existing single-family home in California in second-quarter... See more.

12/08/2019
Residential News Miami Beach Edition | By Michael Gerrity | August 12, 2019. According to the Miami Association of Realtors, Miami-Dade County existing home sales and increased year-over-year in 2019. Total Miami sales increased 0.6%, from 7.717 to 7.861. Single-family home sales increased 1.8%, from 3.784 to 3.854, year-over-year in 2019. Existing condo sales declined 0.6% year-over-year, decreasing from 4.033 to 4.007. Lack of FHA financing for condos in Florida and inadequate suppl... See more.

09/08/2019
Residential News »Irvine Edition | By Michael Gerrity | August 8, 2019. Silicon Valley, San Francisco, Irvine, Honolulu and San Diego most expensive US housing markets in Q2. According to the National Association of Realtors, most metro US suburbs in the second quarter of 2019. Single-family median home prices increased year-over-year in 91% of measured markets in the second quarter, with 162 of 178 metropolitan s... See more.

07/08/2019
Residential News »Irvine Edition | By Michael Gerrity | August 6, 2019. Idaho, Utah and Nevada experiencing the greatest year-over-year increases According to CoreLogic's latest Home Price Index for June 2019, the prices are both over and over. Home increased by 3.4% from June 2018. We have a month-over-month basis, increased by 0.4% in June 2019. Single-family home prices stand at an all-time high and continue to grow on an annual basis, with the CoreLogic HPI F... See more.

05/08/2019
Commercial News »Los Angeles Edition | By Michael Gerrity | August 5, 2019. According to commercial real estate advisor CBRE, global commercial real estate investment volume increased from Q1 2019 across all regions but overall fell by 7.5% year-over-year in Q2 2019, including entity-level deals. Only the Americas region reported year-over-year growth (0.7%). Activity was down from last year by 17% in EMEA and 14% in APAC. Global investment volume totaled $ 428 billion in H1 2019, dow... See more.

29/07/2019
Residential News »Seattle Edition | By WPJ Staff | July 25, 2019. According to Redfin, 99 percent of US real estate agents are proud of their services, and just 20 percent would recommend their careers to others. The highest income (42%) and difficulty finding customers (38%). Sixty percent of experienced agents said their incomes had increased in the past five years, while 14 percent said it decreased. Nearly half of all respondents worked on their income. ... See more.

22/07/2019
Residential News »Irvine Edition | By Michael Gerrity | July 19, 2019. Homeowners enjoy a $ 9.7 trillion gain in equity in last 10 years, up from $ 6.1 trillion in Q1 of 2009. According to a special report by CoreLogic titled "The Role of Housing in the Longest Economic Expansion" - which analyzes the US housing market's impact on the latest 121-month economic expansion from June 2009 through July 2019 - states that US... See more.

18/07/2019
Residential News »Phoenix Edition | By WPJ Staff | July 18, 2019. According to the latest National Association of Home Builders / Wells Fargo Housing Market Index, US builder confidence in the market for newly-built single-family homes rose one point to 65 in July 2019. This marks the sixth consecutive month that feeling levels have held at a steady range in the low-to mid-60s. "However, they continue to have a long history of building a home, but they do not know how to build a ... See more.

15/07/2019
Commercial News »New York City Edition | By Michael Gerrity | July 15, 2019. New York City, San Francisco, Boston, Dallas, Columbus and Los Angeles receiving the most foreign capital in 2019. According to CBRE, the global search for yield and portfolio diversification is leading to the US net-lease real estate market. Foreign investment in net-lease assets - using office, industrial and retail properties - reach... See more.

08/07/2019
Residential News »Hong Kong Edition | By Michael Gerrity | July 5, 2019. According to JLL's latest Hong Kong Residential Sales Market Monitor report, only two more places to be tendered on the Kai Tak runway could enjoy Victoria Harbor views after the government awarded for Kai Tak Area 4C Site 1 site. Developers will stay in Kai Tak because there are fewer land with Victoria Harbor view. According to the information from the Town Planning Board, there are only two places to be te... See more.

17/06/2019
Vacation News Miami Beach Edition | By Michael Gerrity | June 17, 2019. Limited Demand Growth Can not Keep Pace with Modest Supply Increases According to CBRE Hotels Research's latest report, the annual rate will increase to 2022. Meanwhile, the annual rate of growth is projected to average approximately three-quarters of its respective long-run average. The result is declining occupancy forecasts for the 2020 ... See more.

11/06/2019
Residential News »New York City Edition | By Michael Gerrity | June 11, 2019. First Annual New Construction Price Drop in 7 Years According to Redfin, 1 year ago in the first quarter of 2019, the first such drop in seven years. Sales of new homes in the US were also down 3.1 percent in the first quarter of 2019, the third consecutive quarter of declines. Supply of new homes was up 4.2 percent in the first quarter, the f... See more.

16/05/2019
Residential News »Irvine Edition | By Monsef Rachid | May 16, 2019. Yet Foreclosure Spike Starts in Washington, Florida, Oregon and Louisiana According to ATTOM Data Solutions April 2019 US Foreclosure Market Report, US foreclosure filings - default records, auctions and bank repossessions - were reported on 55,646 US properties in April 2019, down from 13 percent from year ago for the 10th consecutive m... See more.

08/05/2019
Residential News »Irvine Edition | By Monsef Rachid | May 8, 2019. Global Listings and Global Real Estate Listings Global Listings, Inc., through its online MLS platform GlobalListings.com, has just announced this week the launch of its new CORPORATE PRIME listings service for real estate businesses worldwide. CORPORATE PRIME is a new business membership service for a small and medium-sized business, real estate brokerage and marketing solutions for real estate brokerage firms,... See more.

29/04/2019
Vacation News »Great Destinations | By Steve Winston | April 19, 2019. Long winter got you down? Did your anticipation for Spring turn into suffering with fever or allergies from everything blooming? Are you ready for a change of pace, but also a change of place? The American West is filled with authentic working ranches where you can become a cowboy / girl for a week or two. Cowboys and cowgirls, but also participate in a lot of their activities ... such as ridin ', ropin', and round-up. ... See more.

09/02/2019
Residential News » Los Angeles Edition | By Michael Gerrity | February 7, 2019. Yet Luxury Home Prices Still Tick Up in Q4, 2018 According to Redfin, the average sale price for U.S. luxury homes nationwide rose 4.7 percent annually to an average of $1,772,000 in the fourth quarter of 2018. That's on ... See more.

21/09/2018
Residential News » Seattle Edition | By WPJ Staff | September 21, 2018. Share of homes with price drops reached a record-high in September. According to new Redfin research, signs continue to point toward a changing market that's letting U.S. homebuyers be more selective as supply constraints begin to ease in the hottest m... See more.

07/09/2018
Residential News » Las Vegas Edition | By Monsef Rachid | September 7, 2018.   According to the Greater Las Vegas Association of Realtors, after climbing steadily since 2012, local Las Vegas home prices have been hovering this summer through August 2018, are maintaining the same home prices as they were... See more.

16/07/2018
Residential News » Hong Kong Edition | By Michael Gerrity | July 16, 2018.     New Hong Kong Tax Will Push Developers to Build Smaller Units According to JLL's mid-year 2018 Hong Kong property forecast, the upward march of housing prices will slow in the second half after the Go... See more.

05/06/2018
Commercial News » New York City Edition | June 5, 2018.   Chicago's Oasia Hotel Downtown Named "Best Tall Building Worldwide" for 2018. This past week the Council on Tall Buildings and Urban Habitat announced the winners of the 16th Annual CTBUH Awards Program, which compe... See more.

10/05/2018
Commercial News » London Edition | By Michael Gerrity | May 9, 2018   $165 Billion Invested Worldwide in Commercial Assets in Q1. According to a new report JLL, despite trade tensions and elevated stock market volatility, investors are still seeking value in real estate with... See more.

03/05/2018
Residential News » Seattle Edition | By Michael Gerrity | May 2, 2018   U.S. Housing Demand Fell 6.5% From February to March as Fewer Homes Hit the Market According to Redfin's latest Housing Demand Index, March marked the second consecutive month of declines thi... See more.

18/04/2018
Residential News » Irvine Edition | By Michael Gerrity | April 18, 2018   According to CoreLogic's new Single-Family Rent Index, which analyzes single-family rent price changes nationally and among 20 metropolitan areas, shows a national rent increase of 2.8 percent in January 2018, compar... See more.

09/04/2018
Vacation News » Phuket Edition | By Monsef Rachid | April 9, 2018   Not only is it one of the top retirement havens for Australians, but with more than 250 courses scattered throughout Thailand, it has fast become a golfer's dream. Because of such, the editors at International Living Australia have just pinpointed the... See more.

03/04/2018
Residential News » Dublin Edition | By Michael Gerrity | April 1, 2018 According to the latest Ireland House Price Report released this week by property website Daft.ie, Ireland home prices nationally rose by 2.5% during the first three months of 2018. The average price nationwide was €247,000, 7.3% higher than a year ago. Compared to their lo... See more.

26/03/2018
Residential News » Seattle Edition | By Michael Gerrity | March 26, 2018 According to the February 2018 Zillow Real Estate Market Report, residential median rent across the nation is accelerating at its fastest pace in 21 months. Over the past year, the median rent in the U.S. rose 2.8 percent to a Zillow Rent Index (ZRI) of $1,445. The faste... See more.

06/03/2018
World Propery Journal » Panama City Edition | By WPJ Staff | March 6, 2018   Panama-based Red Frog Beach Island Resort & Spa announced this week the resort's newest amenity, La Rosa Beach Club. The new addition features event and meeting spaces, a bar, a restaurant, a stunning waterfall and an infinity-edge pool.   La... See more.

01/03/2018
World Property Journal  » Washington D.C. Edition | By Michael Gerrity | February 28, 2018   According to the American Institute of Architects, 2018 started on a strong note for architecture firms, as the Architecture Billings Index (ABI) saw its highest January score since 2007. ... See more.

15/02/2018
World Property Journal Residential | News » Washington D.C. Edition | By Monsef Rachid | February 14, 2018    U.S. Home Prices Up 5.3 Percent in Fourth Quarter of 2017   According to Realtors, an uptick in existing U.S. home sales in the final three months of 2017... See more.

08/02/2018
Source World Property Journal | By Michael Gerrity | February 7, 2018      According to the Greater Las Vegas Association of Realtors, local home prices cooled off slightly in January 2018, but are still up more than 11 percent from one year ago. GLVAR reported that the median price fo... See more.

29/01/2018
According to the Miami Association of Realtors, luxury home sales in Miami posted double-digit gains while existing condominium transactions surged year-over-year in December 2017. Luxury ($1 million-and-above) existing Miami condo sales jumped 47.6 percent year-over-year, from 42 to 62. Luxury Miami single-family home sales rose 16.7 percent, from 60 to 70. Existing Miami condo sales increased 6.5 percent year-o... See more.

26/01/2018
According to the National Association of Realtors, existing U.S. home sales subsided in most of the country in December, but 2017 as a whole edged up 1.1 percent and ended up being the best year for sales in 11 years. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased 1.1 percent in 2017 to ... See more.

22/01/2018
According to Freddie Mac's latest Primary Mortgage Market Survey, the average fixed U.S. mortgage rate rose for the second consecutive week in January 2018. Len Kiefer, Deputy Chief Economist says, "The U.S. weekly average for the 30-year fixed mortgage rate rose above 4 percent for the first time since last summer to 4.04 percent in this week's survey. This is the h... See more.

15/01/2018
According to data from CBRE, vacant office space in the U.S. increased slightly by 10 basis points (bps) during the fourth quarter of 2017 (Q4 2017) to 13 percent. For the year, vacancy inched up 10 bps, marking the first year-over-year increase in vacancy since 2010.   The vacancy rate in suburban markets increased 10 bps, to 14.2 percent and downtown vacancy ticked up 10 bp... See more.

08/01/2018
Brits Not Deterred by Brexit to Buy Properties in France in 2018 According to Tim Swannie, Director of Marseille, France based property brokerage firm Home Hunts, Brits will not be deterred by the weaker pound and Brexit negotiations and will continue to buy properties in France over the course of 2018, thanks to the positive tax reforms and their desire to s... See more.

03/01/2018
Investors continue to buy into Hong Kong's retail recovery According to JLL's latest Property Market Monitor released this week, net take-up in Hong Kong's overall office market amounted to 68,800 sq. ft in November 2017, with average monthly rent reaching HKD 71.7 per sq. ft -- 0.3% ... See more.

27/12/2017
New Home Sales in U.S. Hit 10-Year High in November Western U.S. States Lead the way, Enjoying a 31% Sales Spike in 2017  According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in Novembe... See more.

07/12/2017
Rising Rents, Income Stagnation Force Renters to Pay Bigger Share of Income in 2017 According to Zillow, rising U.S. housing rents are eating up an increasingly large share of American incomes, costing the typical renter $2,000 per year. Currently, the median U.S. rental requires 29.1 percent of the median monthly income. However, in the... See more.

05/12/2017
The Great American Single-Family Home Problem The affordable-housing crunch is a nationwide problem, especially in California. California's median home price, at just over $500,000, is more than twice the national level and up about 60 percent from five years ago, according to Zillow. The Haskell Street project in Berkeley, California, exemplifies how developers are trying to gentrify U.S. neighborhoods. ... See more.

27/11/2017
According to the National Association of Realtors, existing-home sales in the U.S. increased in October 2017 to their strongest pace since earlier this summer, but continual supply shortages led to fewer closings on an annual basis for the second straight month. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums... See more.

20/10/2017
Los Angeles, San Francisco, Oakland, Seattle and Phoenix top target markets   According to CBRE, strong fundamentals, growing sophistication of logistics facilities and e-commerce growth has led to a surge in foreign industrial investment in the U.S. Foreign investors have acquired nearly $61 billion in U.S. industrial real estate since 2010, ... See more.

14/10/2017
Suburbs Continue to Show Strongest Decreases According to CBRE, vacant office space in the U.S. declined by 10 basis points (bps) during the third quarter of 2017 (Q3 2017) dropping to 12.9 percent. Continuing a recent pattern, suburban office markets continued to set the pace for declines.   The vacancy rate in suburban markets decreased 20... See more.

10/10/2017
  According to the Greater Las Vegas Association of Realtors, local home prices continued to rise rapidly, while home sales stabilized in September 2017.   GLVAR reported that the median price of existing single-family homes sold during September through its Multiple Listing Service (MLS) was $265,000, up 13.5 percent from September 2016. The median price of... See more.

27/09/2017
  Existing homes sales in the U.S. have retreated in four of the past five months, but a new survey from the National Association of Realtors finds this slowdown is not because of a lack of confidence from consumers about buying and selling a home, or based on their views about the direction of the economy and their finances. NAR's third quarter ... See more.

21/09/2017
The National Association of Home Builders is reporting this week that U.S. home builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September 2017 from a downwardly revised August 2017 reading of 67 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). "The recent hurricanes have intensified our me... See more.

06/09/2017
Q & A with Real Estate Technology Veteran Michael Gerrity Michael Gerrity has been at the forefront of real estate for more than 30 years. First, the Orlando native had a stellar real estate brokerage career, selling and leasing nearly $300 million worth of commercial office transactions during his 17-plus years in the business. In the last 15 years, Gerrity,... See more.

31/08/2017
According to the Miami Association of Realtors, Miami's existing condominium sales increased for the second time in three months and $1-million-and-up luxury transactions surged for all properties in July 2017. Sales for existing Miami luxury condos, which are competing with a robust new construction market, surged 51.1 percent and luxury single-family home sales jumped 9.6 pe... See more.

23/08/2017
According to CBRE, suburban U.S. office markets that provide an urban-like live-work-play environment are well positioned to capture strong demand from office users. Among the most common attributes of so-called "urban-suburban" submarkets are the presence of abundant retail, office and housing options, as well as employment opportunities, based on a survey ... See more.

21/08/2017
According to the latest quarterly report by the National Association of Realtors, the headstrong supply and demand imbalances in much of the United States slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter of 2017. The national median existing single-family home price in the second quarter was $255,600, which is up 6.2 perce... See more.

15/08/2017
According to realtor.com's latest Housing Shortage Study, the U.S. real estate market is currently experiencing the worst inventory deficiency in 20 years, and for two primary reasons - boomers' reluctance to sell and homes fitting current family needs.   The findings are part of an online survey of 1,054 randomly selected homeowner... See more.

13/08/2017
It's turning out that 2017 is becoming a very good year for Spain's property market, as JLL is now forecasting this year will be the eighth consecutive year of foreign buyer property growth.   Overseas buyers invested €888 million ($1.04b USD) on Spanish properties in the first half of 2017, smashing last year's record of €330 million ($353m... See more.

28/07/2017
According to JLL, Asia hotel investors during the first half of 2017 remained focused on gateway cities such as Hong Kong, Singapore, Sydney and Melbourne, as they offer positive tourism and trading fundamentals while the long-term demand and supply is in balance. Investors also continue to seek opportunistic investments in key emerging tourism markets such as Vietnam.  ... See more.

24/07/2017
According to the June 2017 Zillow Real Estate Market Report, the typical U.S. home is worth over $200,000 for the first time ever. The national median home value is now $200,400, up about 7 and a half percent since this time last year. High buyer demand coupled with fewer homes for sale is driving up home values across the country -- there are 11 ... See more.

21/07/2017
New government should revise existing cooling measures   According to JLL's latest white paper - Up, Up and Away: The Rise and Rise of Hong Kong's Residential Market, JLL expects Hong Kong's housing prices to grow 15% in the coming 30 months given strong demand from owner-occupiers and about half of all household... See more.

14/06/2017
The Greater Las Vegas Association of Realtors (GLVAR) reported this week that despite a shrinking housing supply, local home prices and sales continued to rise in May 2017. GLVAR reported that the median price of existing single-family homes sold during May through its Multiple Listing Service (MLS) increased to $250,000. That was up 0.4 percent from April and up 9.1 percent from ... See more.

12/06/2017
According to the Mortgage Bankers Association's latest Commercial/Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans in the U.S. were flat or decreased in the first quarter of 2017. "Delinquency rates for commercial and multifamily mortgages remained at or near record lows for most capital sources during the first quarter," ... See more.

11/06/2017
According to CoreLogic's Q1 2017 home equity analysis, U.S. homeowners with mortgages (roughly 63 percent of all homeowners) have seen their equity increase by a total of $766.4 billion since Q1 2016, an increase of 11.2 percent. Additionally, the average homeowner gained about $13,400 in equity between Q1 2016 and Q1 2017. In Q1 2017, the total number of mortgaged residen... See more.

07/06/2017
Joint-ventures in land bidding is expected to increase in Hong Kong   According to JLL's latest Hong Kong Residential Sales Market Report, the Hong Kong Monetary Authority's (HKMA) two-way squeeze to control an overheating property market is unlikely to have any material effect on still-upbeat sentiment for residenti... See more.

02/06/2017
Miami still receives dominant share of foreign residential buyers each year   According to the newly released 2017 Q2 Zillow Home Price Expectations Survey, international buyers of residential real estate in the U.S. don't have a significant impact on the overall housing market. They are far more influential a... See more.

30/05/2017
The recent Belt & Road (B&R) Forum for International Cooperation held in Beijing was attended by numerous international leaders and organizations and discussed topics including currency swaps, policy, infrastructure and trade, with the objective of strengthening connectivity between China and related countries.   What does the B&R Initiative mean for the Chine... See more.

29/05/2017
  This week the South Korean National Election Commission announced that Democratic Party candidate Moon Jae-in had been elected as the new President.   Moon succeeds former President Park Geun-hye who was removed from office by the country's top court in March over a wide-ranging corruption scandal and subsequently indicted on a range of charges includin... See more.

29/05/2017
According to STR, the hotel industry in Dubai, recorded strong occupancy levels during the first quarter of 2017 despite continued and significant supply growth. Based on preliminary data, Dubai recorded an occupancy level of 86.3%, which was a 2.7% uplift compared with Q1 2016. Average daily rate (ADR) was down 6.4% over the same time period to an actual level of AED795.00. As a result, re... See more.

26/05/2017
Home Sales Continue to Rise, Yet Condo Sale Continue to Slide in April   According to a new report by the Miami Association of Realtors, Miami single-family home sales, median prices, traditional transactions and dollar volume increased year-over-year in April 2017. Single-family home sales in Miami expanded 3.7 percent year-over-year in April, from 1,150 to 1... See more.