February 10, 2018
GLOBAL PERSPECTIVES
Singapore Overtakes China In U.S. Commercial Investments
 
Singapore surpassed Chinese investments in U.S. commercial property by $1 billion in 2017, a clear sign of the nation's steady rise in global investments. Outbound investments in the U.S. nearly doubled from $3.3 billion in 2016 to $6.2 billion, according to data from commercial real estate database Real Capital Analytics.


LEGISLATIVE NEWS
NAR Wins Pro-Real Estate Provisions in Budget Deal

The federal budget deal signed by the President on Friday, February 9, 2018, contains a number of wins for real estate, including a temporary extension of federal flood insurance and extension of NAR-backed tax provisions that include relief from debt forgiveness, the deductibility of mortgage insurance premiums, and several energy-efficiency related provisions.


INDUSTRY NEWS
How the Budget Deal Will Impact Real Estate

A bipartisan budget deal slated for a Congressional vote Thursday would boost federal spending by nearly $300 billion, sending government debt soaring to nearly $1 trillion in 2018. If passed by Congress, the two-year budget deal would inject $20 billion into infrastructure programs - But, among a wide range of provisions, the most detrimental to the housing market and the real estate industry at large, analysts say, is the rapidly rising deficit's impact on the bond market.

NEWS YOU COULD USE
Marketing Gets Granular

Leading a real estate team requires dedication, drive and a commitment to supporting your team, whether it is through training systems or providing the right tools. According to Christina Griffin, agent and team leader with The Griffin Group at Coldwell Banker Residential Real Estate, it's not only important to offer your team the right tools, but to also help them set up a structure for utilizing them.


TECH TIPS
REALTOR Magazine at CES: Take a look at some of the best tech for 2018!
 WATCH VIDEO

12 Upgrades for Your Car, Office, Marketing

One way to improve your efficiency is to operate on the upcoming 5G network, the fifth-generation wireless technology that is expected to be 100 times faster and five times more responsive than 4G and 4G LTE systems when it's available.

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Eastern Bergen County Board of REALTORS | 201.288.5000 | communications@bergenboard.com
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