By Assetsoft
2020 showed the world why technology adoption is vital for any business. Remote work, social distancing, and financial turmoil turned specialized apps into a necessity. What does this mean for real estate?
Essentially, if your company hasn't integrated advanced solutions, you're at a comp...
Big data is one of the most important trends around the globe today, and real estate isn’t the exception. One of the main benefits of this concept is its benefits for forecasting.
But can it predict where prices will be going for real estate after the COVID-19 crisis? That's what we'll fi...
Automation has gained a lot of attention in real estate in recent years. COVID-19 turned this advantage into a necessity. Healthcare measures, like remote work, forced companies in multiple industries to optimize their operations. Automation came as a lifesaver.
However, 2020 also made ma...
By Assetsoft
It's not a secret: office space was among the most prominent victims from COVID-19. Work from home, social distancing, lockdowns, and almost every healthcare measure damaged the sector. Most experts agree that it'll take years to return to "normal"—if we ever do.
However, one su...
Big data is one of those standard terms almost everyone has heard lately. It's often taken for granted, but big data offers unique advantages to any company that knows how to implement and leverage this technology.
For real estate, big data is a crucial advantage. The industry produces si...
REITs are a mixed bag regarding how they perform during economic recessions. Mainly, REITs focused on short-term leases are among the worst victims. COVID-19 has proven that there's a lot of truth behind this "rule of thumb."
However, have all REITs in Canada gone through the sa...
Since COVID-19 began, tracking legislation updates has been a hardship for everyone. Depending on your location, you might feel like laws change every other day. For some, that's unfortunately true.
The recent legislation changes in Virginia, beginning on the 1st of March, is...
Big data has turned into one of our clients' most common service requests, particularly with solutions like AI data forecasting. This year's outlook includes significant developments in this technology.
2021 also promises lots regarding COVID-19 recovery. When combined with the right...
Everyone knows that COVID-19 has shaken the real estate sector. Some markets experienced prominent growth, yet many others suffered remarkable losses. However, the virus itself has had a negligible effect when compared to state measures.
The truth is that most of the benefits and losses s...
As the pandemic settles, and the vaccine promises considerable recovery opportunities, spotting opportunity becomes critical. Knowing how to “ride the wave” can make a world of difference in how real estate companies grow during this period.
Condotels seem to be one of those opportunities...
COVID-19 has been a disaster for many. Countless people lost their job, and everyday expenses became an uphill battle. Rent was one of those, and bans on evictions were necessary to keep people from homelessness.
Today, we can say everything has improved noticeably. Lockdowns have eased, ...
By Assetsoft
Apartment vacancy rates have always been a problem in Canada. With a robust immigrant influx, rental demand is one of the largest in the world. Cities like Toronto and Vancouver are staples of high rental prices.
However, COVID-19 seems to be defying that. Major cities have undergone...
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