Category: Perspectives
If Florida’s real estate industry is the weather, then our Bergstrom Real Estate Center survey is the local forecast. And while the newest forecast isn’t exactly sunny, the skies aren’t dark and there’s even some sun peeking out of the clouds. In the latest survey of advisory board members, nearly two-thirds of the respondents gauged [...]
The Alfred A. Ring Distinguished Speaker Series brings real estate leaders to campus to speak with UF real estate students and faculty. Brian Gale started his real estate career by going in the side door: he sold a copy machine to CBRE. Gale’s persistent salesmanship impressed the folks at the giant commercial real estate firm [...]
In the summer of 2017, the mall in Marshall, Texas, appeared to be on life support. JCPenney, its last remaining flagship store, closed and only seven retail tenants remained in what threatened to become a cavernous shell. “East Texas shoppers are coming to terms with the fact that this could spell the end for the [...]
The past year was one of change. It is time to take stock of where we ended and what to anticipate in 2023. As a backdrop to our real estate survey, 2022 brought significant relief to the pandemic concerns, and a let down from the dramatically high residential performance of 2021. We also saw the [...]
The Alfred A. Ring Distinguished Speaker Series brings prominent real estate professionals to campus to speak and interact with UF real estate students and faculty. Daniel O’Keefe (BSBA ’90, JD ’95) is co-managing partner of the Orlando office of Shutts & Bowen LLP, one of oldest law firms in Florida. He handles real estate, land [...]
A triplex built by Minneapolis homebuilder Bruce Brunner following the city’s adopting a new comprehensive plan that eliminated single-family-only neighborhoods. Just before midnight on a Thursday in August, Gainesville’s City Commission dismantled a nearly century-old cornerstone of municipal planning efforts: single-family zoning. A divided commission voted to allow duplexes, triplexes and quadplexes on land that [...]
Surveyed real estate industry leaders saw the skies turn gray in the most recent quarter, a period marked by rising interest rates, increasing costs and a slowing economy. The third quarter of 2022 marked the third consecutive period that the Bergstrom Real Estate Outlook Index showed a decline, and it’s the lowest rating since October [...]
The Alfred A. Ring Distinguished Speaker Series brings prominent real estate professionals to campus to speak and interact with UF real estate students and faculty. Chris Corr Chris Corr shared highlights of his more than 30 years in the real estate industry, including playing a leadership role in developing Disney’s Celebration, Florida and numerous other [...]
Bergstrom Survey – Early 2022 Perhaps 2022 will be the year that our market perceptions stabilize. Following a wildly uncertain 2020 and a surprisingly high-growth 2021, our survey is showing some signs of balance. We will discover over the course of the year if this is the beginning of a return to normalcy or a [...]
Bergstrom Survey – From ’21 to ’22 Real estate performance should have carried a bigger headline during 2021 but there were a few distractions. With so much discussion about viruses, the CDC, global travel limitations, masks, and general anxiety, there was too little space to realize that the real estate market was performing extremely well. [...]
One year of results from the Bergstrom Center Survey have been recorded. The past year has been interesting and uncertain but our members of the real estate industry held a positive outlook throughout. The most challenging time was during fourth quarter 2020, our initial survey period. Economic restrictions such as restaurant closings and office “stay [...]
Our member survey reveals a slightly improving outlook from fourth quarter 2020 to first quarter 2021. Events of early last year introduced tremendous uncertainty into the real estate markets and the overall economy. Despite widespread reports of very challenging individual cases, the overall market seemed cautious yet encouraged about the future. Initiating a survey nine [...]