For prospective home buyers, especially those who are trying to purchase their very first home, and for those over 55, buying a new home in 2021 is a difficult proposition. From bark-eating beetles to millennials coming of age to the ramifications of the pandemic, there are
Dubai is one of the most beautiful, opulent, glamorous, and influential cities in the world. And it continues to hone its craft despite a worldwide pandemic and drop in tourism. With the help of social media influencers as well as forward thinking government officials and business people,
With the technological advancements that bring the world together, it is hard to imagine that a country would want to set out on its own and leave all the other countries behind. But that is exactly what Great Britain did when Brexit took effect on January 1, 2021.
A year ago, China was at the helm of the world’s economy, but because of a strong vaccination program and an additional March stimulus package, the United States is ready to shoulder the burden of getting the world’s economy back on track after the devastation of Covid-19.
Historically, the forecast for the economic markets and how they would react were based on diplomatic relationships between countries. But if any lesson could be learned from the pandemic, it is that the world is more closely connected than
One full year has passed since Covid-19 hit the shores of the United States, and along with the virus, unemployment has swept across the nation. For 52 straight weeks, one million people have been forced to seek unemployment assistance. This
After the appalling year for the oil industry brought about by the worldwide pandemic caused by COVID-19, experts are cautiously optimistic as they continue to roll through 2021. With the onslaught of vaccines and the desire to get back to normal life, all signs indicate an optimist attitude for the oil industry.
After an entire year of upheaval caused by Covid-19, companies like Pfizer, Moderna, and Johnson and Johnson have set our country on the path to health through their vaccinations. The vaccinations have been rolling out well, but there is a disparity in the distribution when it comes to rural America.
Last March, workers packed up on the fly and headed home for what they thought would be a few weeks at home with the threat of Covid-19 looming. One full year later, the temporary thoughts of remote work have been replaced by the idea that working from home is here to stay, at least for a while. Because many large
The pandemic has turned the nation upside down and changed the way of life for most Americans. Remarkably, the positive trends for multifamily investing have been holding strong. Over the last five years, investment into non-major markets has increased 13.9%.
Family Offices have one consistent goal: to help wealthy families preserve and grow their wealth across generations. Increasingly important to that goal is an allocation to real estate investments. The trend favoring exposure to real estate began a few years ago
Over a year ago, China locked down Wuhan to save its citizens from SARS-CoV-2 and the ramifications and complications of the virus, however, there is another consequence of the virus to report. This time it is regarding economics, as The
Commercial real estate experienced a year like no other in 2020. With workers at home, office buildings are sitting vacant. And with the high unemployment numbers, some rent is not getting paid at all, or people are asking for a forbearance. The traditional retail mall and the hospitality industries
In addition to changing the way people live, work, and purchase everything from groceries to computers, the pandemic has had a profound impact on the mortgage rates. Although it seems counterintuitive, record low mortgages have been a real bright spot in an otherwise arduous journey
The world economy has always placed the dollar at the top of the currency pile. But because of China’s positive response to the global pandemic and the pandemic’s subsequent hit on the world financial markets, the yuan is rapidly gaining ground.
Ten months into the economic crisis caused by the coronavirus, and clearly the effects are being felt all across the country, including in the commercial real estate business. The entire country has changed long-established habits of
For many westerners, the idea that the United States will not continue as the leaders of the world economy is unthinkable. But recent reports from The Center for Economics and Business Research show that there will soon be a new sheriff in town.
What do New York City; Seattle; Pryor, Oklahoma; and Arlington, Virginia all have in common? These are the homes of the newest hot spot real estate buys for the big five tech companies: Amazon, Facebook, Apple, Microsoft, and Google. In a time when the country is dealing with
This week the vaccine for SARS-CoV-2, the novel coronavirus which caused the COVID-19 pandemic, is being rolled out throughout the country. For ten months COVID-19 has spread throughout the world, killing 1.6 million people worldwide and 300,000 in the United States alone.
All they had to do was ride out a few more weeks until graduation, and they would have the golden ticket: a diploma, a new job, the means to pay off student loans, and a steppingstone to the future of their dreams. But when the pandemic shut down the country early this spring, it took the
Joe Biden knows what it is like to be part of the sandwich generation, stuck in the middle, with both aging parents and children to take care of. And when he takes office in a few short weeks, he wants to work to take the burden off those who are aging and those who are caring for them.
There is nothing more American than apple pie, baseball, and the dream of buying a new home. For many years, however, this dream of becoming a homeowner has been just out of reach for many citizens. Recently, the dream has become more attainable, and both buying and selling homes has increased.
There is no question that a catastrophic global event such as the coronavirus pandemic affects the world economy. With people stuck in their homes during the spring lockdown, buying and selling ground to a virtual halt. Big businesses hid their cash, families stopped spending, the hotel and travel industry was decimated.
When the coronavirus came hurtling to the west coast of the United States early this year, cascading eastward, it brought with it a secondary virus: economic disaster. Much of the country went into lockdown, shuttering restaurants, bars, health clubs, spas, salons, and any business not deemed “essential.”
The past week has been a big one for China’s trade relations, with Xi Jinping and his advisors opening up the world’s second largest economy through the Regional Economic Partnership of Southeast Asia. This connection has been 40 years in the making. In 1978, Mao Zedong’s Cultural Revolution
In an ever-changing modern world, where technology is king and the COVID-19 pandemic has spun the business world into a realm never seen before, successful leadership is the key to victory. And the best kind of leader in 2020 is a person who leads with humility, grace, and resilience. Long gone are the tough-minded bosses filled with bravado.
We are in a time of extraordinary uncertainty and turmoil which, as we have seen before, the markets don’t like. There are a lot of numbers and figures floating around, particularly those relating to stock market performance, which provide a false picture of how the economy is performing right now.
A few days ago, lawmakers presented their opinion regarding a potential breakup of tech giants, Facebook, Google, Amazon, Apple, and Microsoft, citing stringent antitrust laws and enforcement measures. As per their argument, Microsoft, Facebook, Amazon, Apple, and Google now hold monopoly power that they utilize to erase competition and mute innovation by others.
The economic impact of Coronavirus is being felt all over the world in all industries. There’s an inevitable economic recession in the cards, and several industries are already beginning to indicate the signs. The United States is no different, and the U.S. commercial-backed securities market, in particular, is taking a battering.
COVID-19 has hit the American economy like no other shock in the past. While the comparison is not exact, the world has looked to the previous crisis of 2008 for guidance on how to deal with such shocks. The federal government issued a support package for businesses and families of around $2.4 trillion.