Tag Archives: homeownership

6 things homeowners need to know about mortgage forbearance plans

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The Mortgage Banker Association’s Sara Singhas explained how mortgage forbearance and repayment works and what homeowners should do if they need more time. Continue reading →

84% of Americans say homeownership is a ‘priority’

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Despite rising prices and personal finance issues, the majority of Americans are optimistic about homeownership, according to NerdWallet’s 2020 Home Buyer Report Continue reading →

Pulse: 12 responses to ‘I’m happy renting right now’

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Readers offered a range of ways to overcome this objection mostly revolving around homeownership as a wealth-building mechanism, including by highlighting tax benefits and the folly of paying “someone else’s mortgage.” Continue reading →

It’s getting even harder for African American families to afford homes

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The typical African American family could afford just 25 percent of the homes for sale last year, down from 39 percent in 2012, according to a new Redfin study. Continue reading →

NIMBYs, regulatory costs caused housing shortage: Harvard study

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A shortfall in housing production is making homes ever more unaffordable for modest-income households, according to Harvard’s Joint Center for Housing Studies. Continue reading →

The Real Word: Homeownership poised to rise, but renters have doubts

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Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, as the population ages, homeownership is likely to rise. Will people living longer plus more millennials buying homes create the perfect s… Continue reading →

Homeownership likely to rise due to aging population: Study

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Nonetheless, many renters doubt they’ll ever own a home, according to a survey by the New York Federal Reserve. Continue reading →

Why real estate is in jeopardy

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At Tuesday’s CMLS Brings It To The Table event, held just before the National Association of Realtors’ midyear conference, real estate leaders sounded the alarm. Continue reading →

Hispanic homeowners made up more than a third of all new households over the last decade

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Hispanic Americans accounted for more than a third of all household formation over the last decade, and were the first minority demographic to make homeownership gains after the recession, according to a new report. Continue reading →