More Contracts Signed as Pending Home Sales Rise 8.1% in August 2021

Adaptive reuse and infrastructure represent two of the 10 issues expected to have the most impact on real estate during the 2021–2022 cycle. Original source: https://www.nar.realtor/commercial-connections/repositioning-suburbia

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

A Nearly Unbelievable Data Point: The Birth Rate The baby bust has likely been fueled by both economic and health concerns of women during the pandemic. By: Jessica Lautz Original source: https://www.nar.realtor/blogs/economists-outlook/a-nearly-unbelievable-data-point-the-birth-rate

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

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

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