Why the infrastructure bill is a lose for affordable housing

What President Biden’s infrastructure bill didn’t address is affordable housing. ‘Housing is a necessity,’ says broker-owner Teresa Boardman. Here’s why she says we all need to start treating it accordingly. Continue reading

NAR president to DOJ: Step up and honor the agreement

In response to the Department of Justice hitting back against a petition from the National Association of Realtors, NAR president Charlie Oppler urged the DOJ to honor their agreement, calling for fair markets, fair housing and a fair chance for small … Continue reading

Divvy Homes brings in $735M debt financing just months after Series D

The news follows Divvy’s $200 million Series D and will allow it to serve more Americans on their path to homeownership through a rent-to-own program. Continue reading

Zillow Housing Hackathon winners create renter affordability app

The HBCU Housing Hackathon was a seven-day virtual competition to challenge students to create and pitch tech solutions to help consumers overcome obstacles in finding a home. The winning team was from Morehouse College. Continue reading

REX CEO calls on NAR to repeal ‘anti-consumer’ rules at conference

In an open letter, Ryan alleges the National Association of Realtors’ rules prevent hundreds of thousands of Americans from attaining homeownership. He called on NAR to repeal the rules at its Realtors Conference and Expo in San Diego in November. Continue reading

LQBTQ+ community comes into focus in US Census report

Just this month, the U.S. Census Bureau announced it would ask respondents their sexual orientation and gender identity when conducting its Household Pulse Survey. Here’s what the latest report revealed. Continue reading

With home prices slow to fall, would-be buyers are getting squeezed out

People who lost income during the pandemic are finding it hard to buy their first homes as real estate prices grew faster than incomes, according to a new Harvard University report. Continue reading

Dueling NAR and REX op-eds hint that DOJ will target commissions

National Association of Realtors: “The Administration has publicly signaled a lack of understanding about the MLS system and the associated commission structure.” Continue reading

Hispanics most likely to get family help to buy a home: Redfin

Redfin report found that 52 percent of Hispanic homeowners lived with family or friends without paying rent to save for housing costs. Continue reading

Asian American homeownership is still lagging: Report

Asian American homeownership rates lag in numerous major cities including New York, Los Angeles and Boston. Continue reading