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
Metro Area Wealth Gains as of 2021 Q2 Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap. By: Scholastica (Gay) Cororaton Original source: https://www.nar.realtor/blogs/economists-outlook/metro-area-wealth-gains-as-of-2021-q2-typical-gain-of-349000-over-30-years
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
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
Existing-Home Sales Recede 2.0% in August In August 2021, each of the four major U.S. regions experienced declines on both a month-over-month and a year-over-year perspective. Media Contact: Quintin Simmons 202-383-1178 Original source: https://www.nar.realtor/newsroom/existing-home-sales-recede-2-0-in-august
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
On November 10, 2021, REALTORS® from across the country and around the world will gather in San Diego to experience the premier global event for real estate professionals. This year’s conference will be the first-ever hybrid – in-person and virtual – REALTORS® Conference & Expo. Original source: https://www.nar.realtor/newsroom/realtors-to-rise-and-shine-during-annual-realtors-conference-expo-in-san-diego