Michael Gerrity, Founder & CEO - WORLD PROPERTY JOURNAL™
Besides running the day to day operations of the WORLD PROPERTY JOURNAL, Mr. Gerrity has also served on several Boards over the last decade that include the Central Florida Technology Partnership's Digital Media Advisory Board, City of Orlando’s Technology Board, The Economic Development Commission’s Film & Television Board and he is a founding Board Member of Digital Media Alliance Florida - a statewide digital media industry association. In addition he is a member of the National Association of Real Estate Editors (NAREE).
As founder and CEO of the WORLD PROPERTY JOURNAL, Mr. Gerrity has also been interviewed over the last few years by numerous local and national news media organizations that include NBC Nightly News with Brian Williams, NBC Today Show, TIME Magazine, Orlando Sentinel, Orlando Business Journal, The New York Times, Palm Beach Post and Florida Trend Magazine. Mr. Gerrity was also awarded the prestigious "40 under 40" Entrepreneur Achievement Award of Central Florida from the Orlando Business Journal in 2000.
According to the American Automobile Association, over 39.3 million Americans will travel 50 miles or more away from home this 2017 Memorial Day weekend.
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.
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.
Changing demographics brought forth by immigration and growing interest from foreigners are positioned to bolster home sales activity and prices.
The multi-year stretch of robust job gains along with improving household confidence are expected to guide existing-home sales to a decade high in 2017.
Despite breathless media headlines about various big-box retailers closing stores, others in that category are opening hundreds of stores.
The market in the Russian capital is still riding strong, gaining volume of rooms sold in most segments and rates in some. Overall, the weighted market average occupancy of the quality hotels in the Russian capital had risen 2.6 ppt.
The financial and technology sectors are two of the main drivers fueling one of the strongest economies in the country. This has made the Texas commercial real estate market an attractive target for investors and appealing destination for young professionals.
According to the National Association of Realtors, the strongest quarterly sales pace of U.S. homes in exactly a decade put significant downward pressure on inventory levels and caused price growth to further accelerate during the first three months of 2017.
According to Zillow, first-time homebuyers in the U.S. will have better luck in the Southeast if they are looking for a more affordable home.
This week the South Korean National Election Commission announced that Democratic Party candidate Moon Jae-in had been elected as the new President.
U.S. property foreclosure filings -- default notices, scheduled auctions and bank repossessions -- were reported on 77,049 U.S. properties in April 2017
The new measure imposing the 15% stamp duty on all residential transactions in Hong Kong involving first-time buyers purchasing multiple properties under a single instrument is unlikely to have a significant impact to market dynamics.
According to CoreLogic's latest monthly Loan Performance Insights Report, 5 percent of U.S. mortgages were delinquent by 30 days or more (including those in foreclosure) in February 2017.
High investor confidence, attractive equity markets and positive economic indicators have contributed to favorable commercial real estate lending market conditions in the U.S. during Q1 2017.
In April, local home prices in the greater Las Vegas area continued to climb amid what leaders of the Greater Las Vegas Association of Realtors (GLVAR) are now calling a housing shortage.
According to the National Association of Realtors president William E. Brown, major reforms are needed to lower tax rates and simplify the tax code, but that shouldn't come at the expense of current and prospective U.S. homeowners.
Zillow Group announced this week the launch of RealEstate.com, a new consumer real estate website tailored to first-time home buyers, many of whom are millennials.
According to JLL's newly released report titled Financing China's Real Estate: Pragmatism and Creativity Will Prevail, China's rapid-developing real estate finance sector stands at a crossroads.
Office tenants are expanding their Manhattan footprint in Q1 2017. Of the 123 deals greater than 10,000 SF recorded by CBRE for Q1 2017, 72% involved an expansion component.