Existing-Home Sales Recede 2.0% in August

Dan Weisman, NAR’s director of emerging technology, told the audience that $25 billion per year is being invested in proptech across the globe and $10 billion of that is being invested in the United States. Original source: https://www.nar.realtor/newsroom/emerging-tech-takes-center-stage-at-realtors-conference-and-expo

Statement on White House Debt Ceiling Meeting “We encourage Congress to keep working on a long-term debt ceiling solution to maintain stability and faith in the American economy.” Media Contact: Tori Syrek Original source: https://www.nar.realtor/newsroom/nar-president-issues-statement-following-white-house-meeting-on-debt-ceiling

Race, Homeownership, and Student Loan Debt When examining the issue of student loan debt, it is essential not to overlook the relationship to race. By: Jessica Lautz Student Loan Debt Original source: https://www.nar.realtor/blogs/economists-outlook/race-homeownership-and-student-loan-debt

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

Thriving Office Market in Secondary Cities With remote and hybrid workstyles bolstered by the continuing pandemic, office space demand continues to be on the decline except in secondary cities. By:  Scholastica (Gay) Cororaton Commercial & Investment Real Estate Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-thriving-office-market-in-secondary-cities