Pending Home Sales Recover 8.1% in August

Passage of the Bipartisan Infrastructure Bill We look forward to working with Congress and the administration to ensure provision of affordable housing and equal access to credit in America. Media Contact:  Tori Syrek Original source: https://www.nar.realtor/newsroom/nar-statement-on-the-passage-of-bipartisan-infrastructure-bill

When President Joe Biden released his $1.8 trillion American Families Plan in April, one of the ways he proposed to pay for the increased federal spending was to limit the Internal Revenue Code Section 1031 like-kind exchange deferral amount to $500,000. Original source: https://www.nar.realtor/commercial-connections/the-juice-isnt-worth-the-squeeze

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

There is strong recovery in the multifamily, industrial, and retail property markets, while the recovery has not been as robust in the office and hotel property markets. Original source: https://www.nar.realtor/commercial-market-insights/september-2021-commercial-market-insights