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.
The Real Estate Center at Texas A&M University reported this week that Texas' housing market slowed in August 2020 after a surge of pent-up demand inflated sales numbers the previous month.
Pent-up demand, historically low mortgage rates and the robust fundamentals of the South Florida housing market is leading to increased buying activity.
According to new data by the National Association of Realtors, existing U.S. home sales continued to climb in August 2020, marking three consecutive months of positive sales gains.
CoreLogic's latest Home Equity Report for the second quarter of 2020 shows U.S. homeowners with mortgages (which account for roughly 63% of all properties) have seen their equity increase by 6.6% year over year.
California Realtors are reporting this week that California's housing market continued to improve in August 2020 as home sales climbed to their highest level in more than a decade and the median home price broke last month's record, hitting another high.
Fastest home sales are in swing counties, a reflection of rising interest in the suburbs as the pandemic drives homebuyers to prioritize space
According to international property consultant Knight Frank, prime central London home rental values have continued to decline in August 2020, as weaker than normal seasonal demand was compounded by higher levels of supply.
The Orlando Regional Realtor Association is reporting this week that Orlando's median price also continued on its upward path, while inventory again fell to a new low in August 2020.
Based on a new survey by international property consultant JLL, over 93 percent of corporate real estate leaders believe their business or recovery plans to mitigate the impact of the pandemic will be successful.
Home prices in higher-value areas of London have responded to resurgent levels of activity this summer despite the Coronavirus pandemic.
Both New York City's total residential sales volume and total residential transactions decreased significantly, reaching their lowest points since REBNY started reporting in Q1 2006.
International property consultant Knight Frank is reporting that over the last four months, the UK property market has experienced the most abrupt change in sentiment in its history.
CoreLogic's latest monthly Loan Performance Insights Report for June 2020 says 7.1% of U.S. mortgages were in some stage of delinquency (30 days or more past due, including those in foreclosure).
As Singapore's economy started to reopen in June 2020 during the global Coronavirus pandemic, the residential property market enjoyed relatively brisk activity that translated into an appreciable uptick in transaction volumes.
Net-lease investment in the U.S. fell significantly in Q2 2020, but comprised the highest share of total volume on record amid a sharp decline in commercial real estate investment activity.
California's housing market continued to recover as home sales climbed to their highest level in more than two and a half years in July 2020, while setting another record-high median home price.
A widespread group of mostly-impoverished, densely-packed urban neighborhoods across the U.S. offer some of the most attractive opportunities in the nation for housing developers to take advantage of federal reinvestment tax benefits.
Delinquency rates of mortgages backed by commercial and multifamily properties reveal the various impacts the COVID-19 pandemic has had on different types of commercial real estate.
In the midst of the COVID-19 outbreak and deepened economic weaknesses, monthly transactions volume of high-end residential properties in the first half has dropped visibly compared to previous years in Hong Kong.