Original source: https://www.nar.realtor/newsroom/existing-home-sales-recede-2-0-in-august
Renter Demand Shifts Toward Class B/C Apartments The apartment vacancy rate has fallen to a decade low of 4.5%, and the asking rent has soared to a historic high of 10.5%. By: Scholastica (Gay) Cororaton Commercial & Investment Real Estate, Rental Properties Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-renter-demand-shifts-toward-more-affordable-and-suburban-class-bc-apartments
Instant Reaction: Mortgage Rates, October 7, 2021 Mortgage rates dropped slightly this week, with the 30-year fixed mortgage rate fell to 2.99% from 3.01% the previous week. By: Nadia Evangelou Mortgage Financing Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-october-7-2021
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/
Instant Reaction: Inflation, October 13, 2021 Inflation is lingering amid the strain on supply chains, labor difficulties, and rising rent prices. By: Nadia Evangelou Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-inflation-october-13-2021
NAR Applauds Admin Suspending Portions of 2021 PSPAs The suspended portions would limit GSEs’ ability to appropriately serve the overall U.S. housing market as intended in crisis. Media Contact: Tori Syrek Mortgage Financing, Fannie Mae & Freddie Mac (GSEs) Original source: https://www.nar.realtor/newsroom/nar-applauds-administration-suspending-portions-of-the-2021-preferred-stock-purchase-agreements
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
