Fannie, Freddie regulator wants to help more low-income homebuyers

The Federal Housing Finance Agency wants at least 35 percent of the purchase mortgages backed by Fannie and Freddie to be taken out by low- and very low-income borrowers, up from 30 percent today. Continue reading

Remote work named No. 1 issue affecting real estate

The share of people working from home full- or part-time could double permanently, impacting homebuyer demand and land use, according to a new report from The Counselors of Real Estate. Continue reading

Amid inventory crisis, median age of US housing stock is getting older

In a pair of new studies released Wednesday, NAR and Harvard University are calling on the government to help ease the housing crisis. Continue reading

JPMorgan Chase commits $400M to affordable housing

The banking giant will provide low-cost loans, equity and grants for nonprofits and other groups that work with Black and Latino households on affordability issues. Continue reading

In today’s market, does down payment assistance really help?

What we really need is more housing — especially affordable housing. Prices are still going up, and soon, there won’t be any houses priced low enough to be affordable for people who are within the income limits that qualify them for financial help. Continue reading

HUD sends $690M to states for affordable housing

The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households. Continue reading

Commission, appraisals, inventory: 11 challenges agents face today

Last year was a trying one, but it taught us to stretch ourselves, our business brains and our mindsets. It also forced us to adapt in an ever-evolvig landscape. Here are the top challenges agents face on the daily. Continue reading

Frontline workers are at greatest risk of housing shortage

A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic. Continue reading

As aging urban cores get more expensive, a source of affordable housing diminishes

Sam Khater, chief economist at Freddie Mac, believes we’re starting to see American metros becoming more like European cities, where low- and middle-income individuals live in the suburbs, rather than dense urban cores. Continue reading

Leading the Way in Innovative Affordable Housing for Older Adults

Until recently, Ruth Mariam, 95, of St. Louis, had to spend $50 each way on a cab ride to get from her apartment to her doctor. Otherwise, she’d have to ask one of her children to take off work to give her a lift. But in September, that changed when he… Continue reading