Industry insights, market outlook reports and commercial real estate
news, and trends from the Coldwell
Banker Commercial brand.
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Society of Industrial and Office Realtors (SIOR)’s latest Q3 2021 broker survey reveals that on-time transactions are at their highest level since the start of the pandemic, while cancelled and on-hold deals are at their lowest level. Additionally, SIOR notes in its Q3 2021 Snapshot Sentiment Report that leasing activity has hit another new high, showing that the pandemic’s impact on commercial real estate continues to wane.
If you wondered where all the people moving out of cities’ urban cores are going, the answer is the populace has discovered suburban settings. Recent data from the Census Bureau reveals that American suburban markets are indeed expanding and have experienced a gain of 4.7 million residents between 2010 and 2019.
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This month we shared with you all the newest members to be pinned by CCIM, news on our Virtual Fall Summit, ICSC updates, thought leadership content to share with your clients and more!
Artificial intelligence is a complex topic. There is both fear and excitement surrounding AI, but there is no denying that it is significantly impacting the real estate industry. As defined by Forbes, artificial intelligence is a form of computer science that uses computers to emulate intelligent human behavior at a far more rapid speed than what we as humans are capable of. You can use these technologies to analyze data in ways you simply wouldn’t be able to do on your own. In this article, we will discuss how AI is being used in the real estate industry and how investors can benefit from adding AI to their real estate business.