The wave of foreign capital flowing into U.S. real estate is poised for a record-setting year.
“We have strong inbound capital that we believe will see the U.S. exceed the previous peak of 2007 by year-end,” says Lucy Fletcher, vice president of international capital group and capital markets with real estate services firm JLL. As of mid-year, JLL estimates total cross-border investment in U.S. property at $24.1 billion, compared to the $23.6 billion recorded during the full year of 2014.
Having been involved in the information systems industry for over 30 years now (ugh, I cannot believe it has been that long), I have seen the introduction and growth of many areas technologies that once were a novelty and now are common in every household. When I first started in IT, personal computers were in their infancy, cell phones did not exist and satellites were used by NASA not to obtain television reception.
One of the technologies many are hearing about today is the internet of things, aka IoT. Many people have asked me what is that and how will it impact me? I located the following article that I wanted to share as I think it explains this rather well and you don’t need to be a technology guru to understand it.
The global house price boom continues. House prices in 31 of the 41 world’s housing markets which have so far published housing statistics rose during 2014, using inflation-adjusted figures. The more upbeat nominal figures, more familiar to the public, showed house price rises in 32 countries, and declines in only 9 countries.
Asian investors are heavily targeting the U.S. and Canada as prime spots for their commercial investments.47 percent of Canadian REALTORS® surveyed recently and 41 percent of those surveyed in the U.S. indicated that their international clients were from Asian countries – which far trumped any other nationality.
Do you have a great business plan but not the tools to take it to market? A local company is looking to help. Tallwave and Luhrs City Center are teaming up to facilitate and assist entrepreneurs from all over the world. Continue reading →