Commercial Digest, October, 2021

Instant Reaction: Jobs, October 8, 2021 The job additions of 194,000 in September are light considering there are still 5 million fewer Americans working now versus before the pandemic. By: Lawrence Yun Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-jobs-october-8-2021

New research from the Association of Foreign Investors in Real Estate may show that global buyers with long-term goals still have an appetite for U.S. real estate. Original source: https://www.nar.realtor/commercial-connections/cross-border-caution

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

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

The number of contractors working in buildings, and competing budget priorities, can complicate building cybersecurity. Original source: https://www.nar.realtor/commercial-connections/protect-smart-buildings-against-ot-risks

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