NAR Announces New REALTOR Benefits® Program Partnership

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

Housing Affordability Continued to Improve in August At the national level, housing affordability increased for the second consecutive month in August compared to the previous month. By:  Michael Hyman Original source: https://www.nar.realtor/blogs/economists-outlook/housing-affordability-continued-to-improve-in-august

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

Monthly State Retail Sales, January 2019 to May 2021 The U.S. Census Bureau has released a new experimental data product that features modeled state-level retail sales. By:  Brandon Hardin Retail Properties Original source: https://www.nar.realtor/blogs/economists-outlook/monthly-state-retail-sales-january-2019-to-may-2021

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