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
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
Looking to relocate? Forewarned is fore armed. https://www.gobankingrates.com/money/economy/states-economies-failing-vs-states-economies-thriving/
This is why we require 6 to 12 months of living expenses along with your down payment and mortgage approval commitment. Referred by Kenneth wants to make homeowners not just sales. https://www.gobankingrates.com/investing/real-estate/top-10-house-hunting-mistakes-to-avoid/
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
Pending Home Sales Recover 8.1% in August Pending home sales rebounded in August, with each of the four major U.S. regions seeing month-over-month growth in contract activity. Media Contact: Quintin Simmons 202-383-1178 Original source: https://www.nar.realtor/newsroom/pending-home-sales-recover-8-1-in-august
Pending Home Sales Rise 8.1% in August 2021 August’s pending home sales pace increased 8.1% last month but fell 8.3% from a year ago. By: Michael Hyman Original source: https://www.nar.realtor/blogs/economists-outlook/more-contracts-signed-as-pending-home-sales-rise-8-1-in-august-2021
Q&A Corner: 2021 Real Estate in a Digital Age report Matt Christopherson talks about how to use the Real Estate is a Digital Age report, data insights, and the survey results he found most interesting. By: Matt Christopherson Original source: https://www.nar.realtor/blogs/economists-outlook/qa-corner-2021-real-estate-in-a-digital-age-report
NAR Honors Good Neighbor Award Finalists The award recognizes REALTORS® who have made significant volunteer contributions in their communities to improve the lives of their neighbors in need. Media Contact: Sara Geimer 312-329-8296, Spencer High 202-383-1051 Original source: https://www.nar.realtor/newsroom/nar-good-neighbor-award-finalists-honored-for-strengthening-their-communities
Instant Reaction: Mortgage Rates, September 30, 2021 Mortgage rates rose sharply this week following the trend of the 10-year Treasury yield, with the 30-year fixed mortgage rate increasing to 3.01%. By: Nadia Evangelou Mortgage Financing Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-september-30-2021
NAR Petition Opposes DOJ Breach of Settlement Agreement The DOJ effort to take out from the totally binding contract, after NAR had actually started to execute its terms, is a violation of the arrangement as well as the law.Media Contact: Mantill Williams 202-383-1128 Initial resource: https://www.nar.realtor/newsroom/national-association-of-realtors-files-petition-to-oppose-department-of-justice-breach-of-settlement-agreement
NAR analyzed 390 commercial real estate markets and found a robust recovery with positive net absorption and strengthening rents across the multifamily, industrial and retail property markets as economic production rebounds to pre-pandemic levels. Original source: https://www.nar.realtor/newsroom/nar-identifies-americas-top-10-commercial-office-markets-of-2021
Myth-Busting Millennial Tropes: 8 Common Myths Busted Let’s tackle some myths about millennials, spending, student debt, and homeownership. By: Jessica Lautz Original source: https://www.nar.realtor/blogs/economists-outlook/myth-busting-millennial-tropes-8-common-myths-busted
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
There is strong recovery in the multifamily, industrial, and retail property markets, while the recovery has not been as robust in the office and hotel property markets. Original source: https://www.nar.realtor/commercial-market-insights/september-2021-commercial-market-insights
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
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
Student Loan Debt Is Curbing Millennial Homeownership Americans with high student debt often must choose between retirement investment, buying a home, getting married, starting a family, or saving money. Media Contact: Tori Syrek Original source: https://www.nar.realtor/newsroom/student-loan-debt-holding-back-majority-of-millennials-from-homeownership
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
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
