Tag Archives: affordability

5 reasons minority, LGBTQ+ buyers should invest in real estate now

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Don’t let fear keep LGBTQ+ and minority clients from realizing the benefits of homeownership. Zak Shellhammer offers ideas for becoming an advocate and adviser for all of your buyers. Continue reading →

35% of Americans hope the housing market will crash in 2024

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Financial site LendingTree’s latest consumer survey revealed 35 percent of Americans hope the market will crash in the next 12 months. Why? They believe an economic downturn will lower mortgage rates and home prices. Continue reading →

How the Sitzer | Burnett decision hurts minority homebuyers

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According to Keller Williams Head of Inclusion and Belonging Julia Lashay Israel, the Sitzer | Burnett commission case is not just about changes in agent commissions; it is about the broader implications for the accessibility of homeownership, esp… Continue reading →

Young homebuyers could lead the recovery. So what do they want?

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First-time buyers are less likely than homeowners to be holding out for lower mortgage rates. But they hold a host of other priorities and concerns, according to an Intel analysis of buyer behavior. Continue reading →

Record share of homebuyers flee into the path of climate change

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Research shows that people are concerned about the changing climate’s impact on their hometowns, but they’re more concerned about a lack of housing affordability, according to a new report from Redfin. Continue reading →

‘Affordability’ is a dirty word in real estate. It’s time for that to change

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Lack of affordable housing, rising home prices and soaring interest rates are making the dream of homeownership dangerously unachievable, writes broker, coach and consultant Zak Shellhammer. Continue reading →

Alexandria could become second Virginia locale to ‘upzone’

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Alexandria, Virginia’s fifth-largest city, is on the brink of banning single-family-only zoning. If the plan passes, Alexandria legislators estimate 66 new residential buildings will be added to the city by 2033. Continue reading →

Redlining, steering, misogyny and fear: How the industry lost its way

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“Our original mission was to provide shelter and security to our communities,” writes Teri Conrad, a 16-year industry vet. “But somewhere along the way, we got lost in pursuing wealth and power.” Continue reading →

13K NYC rent-stabilized units have been vacant since 2021: Study

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NYC’s Independent Budget Office’s latest study found 13,362 rent-stabilized units have been empty for at least two years. They said it’s “impossible” to know if landlords are justifiably keeping them unrented. Continue reading →