The job additions of 194,000 in September are light considering there are still 5 million fewer Americans working now versus before the pandemic.
Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-jobs-october-8-2021
4 Out of 5 Real Estate Firms Were Single-Office in 2020 NAR surveyed REALTOR® executives and senior managers on firm demographics, composition, staff benefits, business activity, and market forecasts. Media Contact: Troy Green 202-383-1042 Being a Broker, Establishing Your Business, Managing Your Office, Recruiting & Retaining Salespeople Original source: https://www.nar.realtor/newsroom/nar-report-finds-four-out-of-five-real-estate-firms-operated-from-a-single-office-in-2020
Renter Demand Shifts Toward Class B/C Apartments The apartment vacancy rate has fallen to a decade low of 4.5%, and the asking rent has soared to a historic high of 10.5%. By: Scholastica (Gay) Cororaton Commercial & Investment Real Estate, Rental Properties Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-renter-demand-shifts-toward-more-affordable-and-suburban-class-bc-apartments
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: Jobs, November 5, 2021 Since coming out of lockdown 18 million jobs have been created, but total jobs are still 4 million below the pre-COVID-19 level. By: Lawrence Yun Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-jobs-november-5-2021
NAR Honors Good Neighbor Award Finalists The award recognizes REALTORS® who have made significant volunteer contributions in their communities to improve the lives of their neighbors in need. Media Contact: Sara Geimer 312-329-8296, Spencer High 202-383-1051 Original source: https://www.nar.realtor/newsroom/nar-good-neighbor-award-finalists-honored-for-strengthening-their-communities