Realtor.com found the metropolitan areas that have seen the largest increases and decreases in homeownership during the COVID-19 pandemic.
The post Winners and Losers: Where Homeownership Increased—and Decreased—Most Since the Pandemic appeared first on Real Estate News & Insights | realtor.com®.
Category: Homeownership
President Biden Takes on Racist Home Appraisals That Hurt Black Homeowners
President Joe Biden took another step toward addressing housing discrimination that has been holding generations of Black Americans back from building wealth.
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This Is Why LGBTQ+ Americans Are Less Likely To Own Homes
Members of the LGBTQ+ community have a significantly lower homeownership rate than their heterosexual peers, for this main reason.
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Bank of America triples affordable homeownership commitment to $15 billion
“Homeownership is an incredibly powerful force, helping families to build wealth over time and strengthening our communities.”– Bank of America President of Retail D. Steve Boland
The post Bank of America triples affordable homeownership commitment to $15 billion appeared first on Atlanta Agent Magazine.
The Average Family Can’t Afford To Own a Home in Most U.S. Counties, Study Finds
“Owning a home in the United States slipped into the unaffordable zone for average workers across the nation in the fourth quarter,” according to new study.
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Dearth of Credit Starves Detroit’s Housing Market
Lenders shun the city’s low-priced properties, making it hard for Black residents to access homeownership. The city of nearly 700,000 saw barely 1,700 mortgages made last year.
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First-Time Buyers, Beware: Homeownership Is Becoming a Tale of the Haves and Have-Nots
Is the American dream reserved only for the richest 1%? Is homeownership becoming the ultimate luxury good? Or is it still within reach of first-time buyers?
The post First-Time Buyers, Beware: Homeownership Is Becoming a Tale of the Haves and Have-Nots appeared first on Real Estate News & Insights | realtor.com®.