News

Rather than fighting regulation, Uber, the ride hailing leader, should embrace it! Uber struggles to make money not due to compliance with rules and regulations but from competition from startups forcing it to compete on price.

New year, same listing? For properties that didn’t sell in 2019, it might be time to give them an update.

The economic impact of the deadly 2003 SARS outbreak in China knocked 0.5% off annual GDP in Taiwan and Singapore, 1% in China, and 2.5% in Hong Kong.

On some level, real estate investors and brokers have always collected and used data to make informed decisions on purchasing properties. But the granular level of data that’s now being aggregated — along with advancements in intelligent, fully researched commercial real estate (CRE) tools to understand and analyze that data — is the next evolution in commercial real estate.

The Friday File: Recently, the gameshow Jeopardy! had a tournament featuring only the three highest earning contestants, Ken Jennings, Brad Rutter and James Holtzhauer, with the winner taking home a cool million!

December existing home sales jumped 10.8% to a seasonally adjusted annual rate of 5.54 million, best since 2/18. That pushed up existing home sales in CY2019 to 5.344 million, up exactly 1,000 units compared to CY2018! Sales should rise only slightly in 2020.

For residential real estate agents, becoming established as a local authority is the best way to develop business throughout the community. The concept is a simple one: When people see someone as highly knowledgeable in a particular niche, authority is established, and serious referrals come as a result.

The IMF is predicting global growth of just 3.3% in 2020, but that’s up from 2.9% in 2019, the slowest growth since the Great Recession.