Housing Market California Is the residential real estate market in California showing a rebound this year? Sales are up strongly month to month, although far from levels 12 months ago. The latest housing stats from CAR shows single family house prices dropped 2.1% despite a rise in sales of 17.6% in February. February’s statewide median…
The Hawaii Buildings, Facilities & Property Management Expo The 2023 Hawaii Buildings, Facilities & Property Management Expo in Honolulu, Hawaii is happening this Wednesday March 8th to Thursday March 9th, 2023 at the Neal Blaisdell Center in Honolulu. Please do come out to the Expo and drop by our booth on the trade show floor.…
Rental Property Market Forecast Investors continue investigating whether the rental property markets in the US, Canada, UK, Spain, Australia and Germany/Switzerland will generate positive ROI in 2023. The global economic slowdown, low housing availability with strong immigration and rising demographic demand (millennials/Gen Z) for rentals, inflationary costs, rising unemployment create mixed signals. If the stock…
UK Property Market Update How quickly the outlook on the UK property market has changed. We went from boomtime reports earlier this year to doomsdays scenarios. Those lofty price heights dashed by stronger headwinds should push the housing market into a sizable downturn, but perhaps not as severe as some might predict. Support for beleaguered…
Hawaii Real Estate Market Hawaii remains one of the world’s most rare and attractive housing markets. Is it still a place you might like to call home or perhaps a good city to buy a rental property? For sure, supply of single family houses, and even multifamily units is lacking. With challenges for new supply…
Gearing up for the Big Move of Renters 2021 and the pandemic had its big renter migration event, and wouldn't you know it's continuing, but in a different form in 2022/2023? What's driving it this time is the cost of living, and soon, employment. If employment levels weaken in 2023, many renters could decide to…
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