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
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
As we celebrate this Independence Day, let’s take a moment to highlight the American dream, what homeownership means and how it is changing lives. Continue reading
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
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
Nonetheless, many renters doubt they’ll ever own a home, according to a survey by the New York Federal Reserve. Continue reading
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 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
The director of the National Association of Realtors, the nation’s largest real estate trade group, testified before Congress about the ways in which the Tax Cuts & Jobs Act have made it harder to own a home Continue reading
Student debt isn’t the only thing holding back home sales, which reached a six-year low in December and have been on a steady decline since 2004. Continue reading