Local & State –
On Tuesday we wrapped up the 2026 Election Season!
Attached is your 2026 General Election Recap
National –
Industrial Employment Drives Shifts in Commercial Real Estate Demand, According to NAR Report
- WASHINGTON – The National Association of REALTORS® (NAR) yesterday released its third-quarter Commercial Real Estate (CRE) Demand Index, revealing that industrial employment growth emerged as a key driver of commercial real estate demand in select markets.
- Of the 306 metropolitan areas tracked in the index, 143 scored above 100 in the third quarter, indicating stronger commercial real estate demand drivers relative to other markets.
- The index compares metropolitan areas with one another each quarter, with a score of 100 representing the average metro. Scores above 100 indicate stronger demand drivers relative to other markets, while scores below 100 indicate weaker relative momentum.
First-Time Home Buyer Share Inches Up to 22%, Median Age Remains at Record High of 40
- The share of first-time home buyers rose slightly to 22% from last year’s record low of 21%, while the typical age of first-time buyers remained at an all-time high of 40, according to the National Association of REALTORS®’ 2026 Profile of Home Buyers and Sellers.
- A record 10% of first-time buyers paid all cash, as inheritances and other generational wealth transfers increasingly shape the path to homeownership. Among first-time all-cash buyers, 28% used an inheritance, compared with 9% of first-time buyers who financed.
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