In the past few weeks, demand for air purification systems has jumped in an effort to provide safer work environments for employees. A shift away from open-concept offices may not be far behind. Continue reading
A new report found that the number of sales across China’s 30 largest cities reached 5,976 on March 31 — an enormous increase from a low of 22 on Feb. 8, when the country was at the height of the pandemic, and slightly higher than December’s pre-pandem… Continue reading
Analyst Mike DelPrete said in the latest episode of the Daily Dispatch podcast that the data indicates “there’s going to be a very dramatic drop off in real estate volumes.” Continue reading
International and historical data shows that as the pandemic spreads and more stringent lockdown measures are put in place, the volume of real estate transactions will drop significantly — up to 90 percent. Although the drop is temporary, only the most… Continue reading
Bloomberg reported that Airbnb considered beginning the IPO process as early as March. Will uncertainty on Wall Street hold back the short-term rental giant from going public? Continue reading
Days of coronavirus-induced stock selloffs have driven the share price of numerous companies, including many in the real estate industry, plummeting. Continue reading
Some agents are already seeing their business impacted from the spreading global disease. Others are preparing for the worst. Continue reading
While some agents have seen clients significantly impacted by the outbreak, others note that Chinese buyers had already been dwindling because of trade tensions. Continue reading
Several large firms have invested more than $3B in nonperforming Chinese commercial loans, according to a Wall Street Journal report. Continue reading
Normal Decembers are often void of substantial news, and markets stay steady. This December is packed with news, but markets remain unperturbed. That begs the question — what really matters? Continue reading