Elevated demand for industrial space continues as consumer spending habits with the convenience of online shopping persist.
Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-industrial-sector-fundamentals-remain-the-strongest
40 years of Home Buyer and Seller Data There are some notable changes in the home buying environment, pandemic aside, including interest rates, home prices, and how people buy and sell. By: Jessica Lautz Original source: https://www.nar.realtor/blogs/economists-outlook/40-years-of-home-buyer-and-seller-data-how-does-the-profile-compare
Student Loan Debt Is Curbing Millennial Homeownership Americans with high student debt often must choose between retirement investment, buying a home, getting married, starting a family, or saving money. Media Contact: Tori Syrek Original source: https://www.nar.realtor/newsroom/student-loan-debt-holding-back-majority-of-millennials-from-homeownership
Instant Reaction: Mortgage Rates, September 30, 2021 Mortgage rates rose sharply this week following the trend of the 10-year Treasury yield, with the 30-year fixed mortgage rate increasing to 3.01%. By: Nadia Evangelou Mortgage Financing Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-september-30-2021
Instant Reaction: Mortgage Rates, October 7, 2021 Mortgage rates dropped slightly this week, with the 30-year fixed mortgage rate fell to 2.99% from 3.01% the previous week. By: Nadia Evangelou Mortgage Financing Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-october-7-2021
The Clean Water Act could have a profound effect on private property rights and on commercial real estate practitioners—particularly on the development side. Original source: https://www.nar.realtor/commercial-connections/watershed-moment
Less Intense Multi-bidding; Fewer First-time Buyers This summer’s intense multi-bidding is cooling, partly due to a seasonal decline, but also because first-time buyers cannot find affordable… By: Scholastica (Gay) Cororaton First-Time Homebuyers Original source: https://www.nar.realtor/blogs/economists-outlook/less-intense-multi-bidding-and-fewer-first-time-buyers-in-august-2021