Office-sector numbers reflect metro-area economies

Although the COVID-19 pandemic is well past two quarters in length, U.S. office-market statistics are just starting to be impacted. The national office-vacancy rate climbed to 17.4% in third-quarter 2020 as occupancy fell by 5.85 million square feet. This was the highest vacancy rate since 2011.  The average asking rent, however, increased by 0.2% while […]

International Investments: Singapore

Sovereign city-state Singapore has always had a reputation for outdoing its maritime Southeast Asian neighbors. Indeed, the highly developed island nation scores highly not only among Asian countries but across the world for quality of life, education, health care and homeownership. It’s no surprise then that Singaporean real estate investors are an active bunch. And […]

Flipped home sales decline but profits increase

As the effects of the global pandemic continue to ripple across every aspect of the real estate market, the share of U.S. home sales involving fix-and-flip projects has declined. Surprisingly, however, profits and profit margins have increased, according to a second-quarter 2020 home-flipping report from Attom Data Solutions.  From April through June of this year, […]