40 years of Home Buyer and Seller Data There are some notable changes in the home buying environment, pandemic aside, including interest rates, home prices, and how people buy and sell. By: Jessica Lautz Original source: https://www.nar.realtor/blogs/economists-outlook/40-years-of-home-buyer-and-seller-data-how-does-the-profile-compare
Dan Weisman, NAR’s director of emerging technology, told the audience that $25 billion per year is being invested in proptech across the globe and $10 billion of that is being invested in the United States. Original source: https://www.nar.realtor/newsroom/emerging-tech-takes-center-stage-at-realtors-conference-and-expo
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
Passage of the Bipartisan Infrastructure Bill We look forward to working with Congress and the administration to ensure provision of affordable housing and equal access to credit in America. Media Contact: Tori Syrek Original source: https://www.nar.realtor/newsroom/nar-statement-on-the-passage-of-bipartisan-infrastructure-bill
On November 10, 2021, REALTORS® from across the country and around the world will gather in San Diego to experience the premier global event for real estate professionals. This year’s conference will be the first-ever hybrid – in-person and virtual – REALTORS® Conference & Expo. Original source: https://www.nar.realtor/newsroom/realtors-to-rise-and-shine-during-annual-realtors-conference-expo-in-san-diego
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
Get the latest research and articles on office sectors, the current infrastructure bill, and more. Original source: https://www.nar.realtor/commercial-digest/october-2021
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
Instant Reaction: Jobs, November 5, 2021 Since coming out of lockdown 18 million jobs have been created, but total jobs are still 4 million below the pre-COVID-19 level. By: Lawrence Yun Original source: https://www.nar.realtor/blogs/economists-outlook/instant-reaction-jobs-november-5-2021
Housing Affordability Continued to Improve in August At the national level, housing affordability increased for the second consecutive month in August compared to the previous month. By: Michael Hyman Original source: https://www.nar.realtor/blogs/economists-outlook/housing-affordability-continued-to-improve-in-august
Instant Reaction: Mortgage Rates, October 14, 2021 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
NAR 2022 Statistical & Forecast News Release Schedule The National Association of Realtors® has released its statistical & forecast news release schedule for 2022. Media Contact: Troy Green 202-383-1042 Original source: https://www.nar.realtor/newsroom/nar-releases-its-2022-statistical-forecast-news-release-schedule
Top 10 Office Markets as of 2021 Q3 Overall, the office market continues to see negative net absorption, rising vacancy rates, and lower asking rent in 2021 Q3 compared to one year ago. By: Scholastica (Gay) Cororaton Commercial & Investment Real Estate, Office Property Original source: https://www.nar.realtor/blogs/economists-outlook/top-10-office-markets-as-of-2021-q3
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
Impacts of Student Loan Debt on Homebuying Uncovered Experts from the housing & higher education fields & NAR policy thought leaders discussed how the student loan debt crisis affects the… Media Contact: Tori Syrek Student Loan Debt Original source: https://www.nar.realtor/newsroom/impacts-of-student-loan-debt-on-homebuying-uncovered-at-realtor-policy-forum
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
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
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
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
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
