Mortgage rates dropped slightly this week, with the 30-year fixed mortgage rate fell to 2.99% from 3.01% the previous week.
Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-october-7-2021
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
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
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
NAR Announces New REALTOR Benefits® Program Partnership A new resource will help small residential brokerages provide the same agent service and support typically offered by larger entities. Media Contact: Spencer High 202-383-1051 Being a Broker, Managing Your Office Original source: https://www.nar.realtor/newsroom/nar-announces-new-realtor-benefits-program-partnership
Retail Vacancy Rates at Lowest Levels Since Q2 2020 With people returning to physical stores and food and drinking places, demand for retail space in Q2 2021 exceeded pre-pandemic peak levels. By: Brandon Hardin Retail Properties Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-retail-vacancy-rates-at-lowest-levels-since-q2-2020
NAR 2022 Statistical & Forecast News Release Schedule The National Association of Realtors® has released its statistical & forecast news release schedule for 2022. Media Contact: Troy Green 202-383-1042 Original source: https://www.nar.realtor/newsroom/nar-releases-its-2022-statistical-forecast-news-release-schedule