Forging Ahead
Three Commercial Committee members share what’s happening in their market and how they’re moving business forward.
Original source: https://www.nar.realtor/commercial-connections/forging-ahead

Three Commercial Committee members share what’s happening in their market and how they’re moving business forward.
Original source: https://www.nar.realtor/commercial-connections/forging-ahead
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: 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

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

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

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

Retail Vacancy Rates at Lowest Levels Since Q2 2020 With people returning to physical stores and food and drinking places, demand for retail space in Q2 2021 exceeded pre-pandemic peak levels. By: Brandon Hardin Retail Properties Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-retail-vacancy-rates-at-lowest-levels-since-q2-2020