Tag Archives: Affordable Housing

Individuals to get better shot at buying foreclosed homes

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The Biden administration wants to give owner occupants a better shot at purchasing homes repossessed by HUD, Fannie Mae and Freddie Mac. Continue reading →

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

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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

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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

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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

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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?

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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

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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

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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

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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

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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 →