Michael Gerrity, Founder & CEO - WORLD PROPERTY JOURNAL™
As founder and CEO of THE WORLD PROPERTY JOURNAL -- the #1 organically-ranked "International Real Estate News" site in the world today by Google -- Mr. Gerrity has been interviewed over the 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.
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).
Mr. Gerrity is also founder of GERRITY CAPITAL, a real estate technology venture capital firm based in Miami, Fl.
Hong Kong's commercial property leasing and investment markets recorded the sharpest correction in the first half of this year since the global financial crisis in 2008.
Palm Beach County Florida median home prices increased year-over-year in May 2020.
The primary growth node in the Greater Bay Area (GBA) as its concentration of highly innovative and technically-advanced industries could help stimulate economic development.
This represents a 2.5-percentage point increase in the overall delinquency rate compared to March 2020, when it was 3.6 percent.
A number of global cities are seeing sales volumes continue to recover with April looking to be the low point for residential activity.
Zillow is reporting this week that a rush of high-end homes hit the U.S. market in June 2020, reversing a trend that saw them drop the farthest and fastest when the coronavirus pandemic hit earlier this year.
Country houses valued at £5m-plus saw the strongest price growth of any property type in the UK in the three months to June, due to interest in country living and the greater ability of buyers in higher-price brackets to transact.
Local Southern Nevada area home prices broke their all-time record in June 2020, despite the coronavirus pandemic and economic downturn.
According to Freddie Mac's latest Primary Mortgage Market Survey, the 30-year fixed-rate mortgage (FRM) averaged 3.07 percent, the lowest rate in the survey's history dating back to 1971.
60% of the operators surveyed believe that it will take between 13 to 24 months for their portfolio to return back to 2019 RevPAR levels.
The average annual price appreciation for all 150 cities tracked by the latest Global Residential Cities Index was 4.3 percent
Broward County Florida's single-family home median prices increased year-over-year in May 2020.
Redfin is reporting that a record 27% of home searchers looked to move to another U.S. metro area in April and May 2020.
Florida's Realtors are reporting that the state's housing market continued to reflect the economic impact of the coronavirus pandemic in May 2020.
Hong Kong's Central's Grade A office rents fell 2.7% to HKD 102.4 per sq. ft in May 2020 as the vacancy rate reached 5% for the first time since the Global Financial Crisis in 2008.
Miami-Dade County median home prices increased year-over-year in May 2020 as home sales saw expected declines as a result of the global COVID-19 outbreak.
According to the National Association of Realtors, existing-home in the U.S. sales fell in May 2020, marking a three-month decline in sales as a result of the coronavirus outbreak.
Commercial and multifamily mortgage delinquencies in the U.S. remained low at the end of the first quarter of 2020.
As businesses prepare to return to the office amid an easing of lockdown restrictions across Asia Pacific, many are considering how their corporate real estate portfolios should look in the 'new normal'.