REITs, Economy Remain Under Pressure as Coronavirus Case Numbers Climb
By
Editor
REIT share prices edged lower last week, as both the broader economy and also the real estate sector continue to be buffeted by the opposing forces of economic reopening and the spread of the virus, according to Nareit Senior Economist Calvin Schnure. Original Source
More Industrial Space Needed to Meet E-Commerce Demand
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Editor
Online retailers may require another 1 billion square feet of warehouse space by 2025, commercial real estate firm JLL predicts. Original Source
Which Cities Have the Most Historical Homes?
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Editor
Some houses in the U.S. date back to the 1500s. Find out where in the country you’re most likely to find one. Original Source
Major Homebuilder Reports Record Sales in June
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Editor
“To experience our best sales month in company history amid a pandemic speaks volumes” about the housing recovery, says national builder Taylor Morrison. Original Source
How Much Lower Can Mortgage Rates Go?
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Editor
The 30-year rate hit another all-time low this week, hovering a sliver above 3%. Original Source
NAR Reaffirms Its Stand on Fair Housing in National Ad
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Editor
“We believe that fairness is worth fighting for, and we won’t stop until the fight is won.” Original Source
1 in 5 Americans Have Moved During the Pandemic
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Editor
Millions of Americans have relocated this year due to the COVID-19 outbreak, according to a new study from the Pew Research Center. Find out why. Original Source
Mortgage Applications Keep Rising Above Last Year’s Levels
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Editor
The average purchase loan size rose to a high of $365,700, as borrowers contend with limited supply and higher home prices. Original Source
Realtor.com® Reports Record-Breaking Traffic on Listings
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Editor
The listing site is seeing its monthly traffic surge. But buyers are finding fewer homes to view. Original Source
NAR Applauds Fair Housing, Transportation Funding in Appropriations Bill
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Editor
A House subcommittee included fair housing counseling, LGBTQ housing protections, and transportation infrastructure projects in its proposed 2021 spending bill. Original Source
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