Migration in the First Half of 2021 

A year into the pandemic, Americans continue to move to suburbs and small cities 
 

Commercial Weekly: Mid-size Metros Show Stronger Commercial Market Conditions as of 2021 Q2 

Office Vacancy Rate Continues to Climb While Multifamily, Industrial, and Retail Vacancy Rates Fall Below Pre-Pandemic Levels 
 

Report: Homes away from downtown Seattle are appreciating faster than homes within a short commute 

Home prices in the Seattle metro area mirror a new trend now apparent in many of the nation’s largest metros: homes in the heart of the city are appreciating at a slower rate than homes located away from downtown. 

 

Home Sales Rise as the Limited Number of Properties on the Market Improves 

Existing-home sales edged higher as the inventory of homes for sale grew, giving buyers some more breathing room in a tough market. 
 

New Home Sales Rebound Despite Prices Hitting Record High 

Sales of new homes in the U.S. rebounded in July after three consecutive months of declines. 
 

First They Came for the AC. Now, It’s About a Backyard Pool. 

Historically, a pool was unexpected in Portland-area backyards. But given climate change and COVID, they are suddenly hot commodities. 
 

Mortgage Rates Show Little Movement 

Mortgage rates stayed relatively flat this week. Housing is in a similar phase of the economic cycle as many other consumer goods. 

 

Is Now The Right Time To Buy? 15 Factors To Consider 

The real estate market is booming and many buyers are looking for a new home. One key reason the housing market is prospering is low mortgage rates. But there are other factors would-be homeowners need to consider when deciding whether now is a good time to buy. 
 

What Can Carve Added Functional Space From Thin Air? Cantilevers Can 

Cantilevers were a comparatively late advent in architecture, one that required the invention and widespread use of steel in construction. 

 

Share of New Homes with Patios Climbs to Record 61 Percent  

For the first time since the Census Bureau’s 2005 survey redesign, the share of new homes with patios broke above 60 percent in 2020. 

 

Existing Home Sales Rise in July as Inventory Improves  

After four months of declines, existing home sales increased for the second consecutive month in July as housing inventory continued to improve, according to the National Association of Realtors (NAR)

 

Mortgage Rates Barely Budge, Remain Below 3% 

The 30-year fixed-rate mortgage held near last week’s average and continues to average near historical lows and under 3%.