Mortgage rates rose above 3% this week as consumer and producer prices continue to rise due to persistent supply bottlenecks and labor difficulties.
By:
Nadia Evangelou
Mortgage Financing
Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-mortgage-rates-october-14-2021
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
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
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
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
Instant Reaction: Retail Trade Sales October 15, 2021 U.S. advance estimates of retail and food service sales for September 2021 increased from the prior month. By: Brandon Hardin Retail Properties Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-retail-trade-sales-october-15-2021
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
