How Cities Can Help Increase Black American Homeownership
|

How Cities Can Help Increase Black American Homeownership

By ERIN FLYNN JAY Homeownership rates for Black Americans are lagging and leaders in some cities are taking action to turn that around. According to a report released by the National Association of Realtors last month, minority groups saw increased homeownership rates in 2022. While Asian and Hispanic homeownership rates registered all-time highs at 63.3%…

Hot Topic: Converting Office Spaces Into Residential Places
|

Hot Topic: Converting Office Spaces Into Residential Places

By KIMBERLEY HAAS With a lack of housing plaguing the country, it may be easy to jump to the conclusion that vacant offices could be the perfect fit for new apartments and condominiums, but industry leaders say there are a number of considerations to take into account with these projects. Adam Ducker is the CEO…

Trends: Employees Return To The Office This Year
|

Trends: Employees Return To The Office This Year

By CHUCK GREEN More people in business, including those in lending, are returning to in-person work after the pandemic. According to a survey released by Resume Builder last fall, 90% of companies will require employees to return to the office in 2023. Disney laid down the law at the start of the year, making it…

Hitting The Market During The Holidays? What Sellers And Buyers Need To Know
| |

Hitting The Market During The Holidays? What Sellers And Buyers Need To Know

By KIMBERLEY HAAS The housing market traditionally cools during the holiday season as people focus on family and friends but industry leaders say it is a good time for potential sellers and buyers to weigh their options. After mortgage rates recently surged above 7%, real estate activity and consumer sentiment took a nosedive. Home delistings…

Will The Housing Market Boom Or Bust In 2022?
| |

Will The Housing Market Boom Or Bust In 2022?

By KIMBERLEY HAAS As the spring selling season begins, people in the mortgage and real estate industries are speculating on whether 2022 will be a year of growth or the start of the end for a red-hot market that has favored sellers and forced up the price of housing in many parts of the country….

Home Prices Are Up But Remain Far Below April 2006 Peak
|

Home Prices Are Up But Remain Far Below April 2006 Peak

Homes are less affordable than they were a year ago, but they largely remain more affordable than at the peak of the 2006 housing boom, according to First American Financial Corporation’s Real House Price Index. In January, the RHPI rose 27% from the year prior, making it the fastest-growing RHPI – and fastest YOY decline…

Austin Home Values Equivalent To Ecuador’s Total GDP

Austin Home Values Equivalent To Ecuador’s Total GDP

December 2021 saw a record annual surge in US home value, the largest gain seen in any December since at least 2001, according to a new analysis of Redfin’s Housing Value Index. U.S. home value rose 18.6% year-over-year (YOY) to $38.6 trillion. Austin, TX, saw home values double that, jumping 39.2% YOY. That shakes out…

End of content

End of content