More Contracts Signed as Pending Home Sales Rise 8.1% in August 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

Student Loan Debt Is Curbing Millennial Homeownership Americans with high student debt often must choose between retirement investment, buying a home, getting married, starting a family, or saving money. Media Contact: Tori Syrek Original source: https://www.nar.realtor/newsroom/student-loan-debt-holding-back-majority-of-millennials-from-homeownership

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

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

Less Intense Multi-bidding; Fewer First-time Buyers This summer’s intense multi-bidding is cooling, partly due to a seasonal decline, but also because first-time buyers cannot find affordable… By: Scholastica (Gay) Cororaton First-Time Homebuyers Original source: https://www.nar.realtor/blogs/economists-outlook/less-intense-multi-bidding-and-fewer-first-time-buyers-in-august-2021

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