Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-thriving-office-market-in-secondary-cities
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
Instant Reaction: Housing Starts, September 21, 2021 Total housing starts and housing permits made decent gains in August compared to the month prior, but the focus was on multifamily units. By: Lawrence Yun Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-housing-starts-september-21-2021
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
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
4 Out of 5 Real Estate Firms Were Single-Office in 2020 NAR surveyed REALTOR® executives and senior managers on firm demographics, composition, staff benefits, business activity, and market forecasts. Media Contact: Troy Green 202-383-1042 Being a Broker, Establishing Your Business, Managing Your Office, Recruiting & Retaining Salespeople Original source: https://www.nar.realtor/newsroom/nar-report-finds-four-out-of-five-real-estate-firms-operated-from-a-single-office-in-2020
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
