Original source: https://www.nar.realtor/blogs/economists-outlook/qa-corner-2021-real-estate-in-a-digital-age-report
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
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
Thriving Office Market in Secondary Cities With remote and hybrid workstyles bolstered by the continuing pandemic, office space demand continues to be on the decline except in secondary cities. By: Scholastica (Gay) Cororaton Commercial & Investment Real Estate Original source: https://www.nar.realtor/blogs/economists-outlook/commercial-weekly-thriving-office-market-in-secondary-cities
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
Join NAR’s Rodney Gansho, Charlie Lee, and industry experts on the latest and greatest that is happening with RPR®, CMLS, realtor.com®, and RESO. Original source: https://www.nar.realtor/videos/the-mls-hour/the-mls-hour-2021-realtors-conference-and-expo-industry-update
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
