More Contracts Signed as Pending Home Sales Rise 8.1% in August 2021

A Nearly Unbelievable Data Point: The Birth Rate The baby bust has likely been fueled by both economic and health concerns of women during the pandemic. By: Jessica Lautz Original source: https://www.nar.realtor/blogs/economists-outlook/a-nearly-unbelievable-data-point-the-birth-rate

Adaptive reuse and infrastructure represent two of the 10 issues expected to have the most impact on real estate during the 2021–2022 cycle. Original source: https://www.nar.realtor/commercial-connections/repositioning-suburbia

When President Joe Biden released his $1.8 trillion American Families Plan in April, one of the ways he proposed to pay for the increased federal spending was to limit the Internal Revenue Code Section 1031 like-kind exchange deferral amount to $500,000. Original source: https://www.nar.realtor/commercial-connections/the-juice-isnt-worth-the-squeeze

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

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

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