All homebuyers face a tough housing market, but larger shares of black and Hispanic buyers had to surmount more obstacles than white buyers. Black, Hispanic homeownership rates remain stuck below whites All homebuyers face a tough housing market, but larger shares of black and Hispanic buyers had to surmount more obstacles than white buyers. Foreclosure […]
Now, she's taking final steps to move out of the two-bedroom townhouse her family rents and into a 1,144-square-foot split level, three-bedroom home in Northeast Rochester, which they own. As a result, when her husband returns from a trip to see family in Algeria, he will come to a new home with his wife and […]
The national unemployment rate for African Americans inched up in June to 6.5%, after hitting an all-time low of 5.9% in May. While this is the second lowest number on record since the Bureau of Labor Statistics started tracking this nearly 50 years ago, homeownership in the black community continues to decline, even though more […]
Tim Hall stands in front of his home in the Washington Heights neighborhood on Chicago's South Side last summer. He bought the home after it gutted and modernized through a Cook County Land Bank Authority program. Foreclosure News
June 29, 2018 – MassHousing announced today that Mounzer M. Aylouche has been promoted to Vice President of Homeownership Programs. In this newly created role, Aylouche will oversee all aspects of MassHousing's homeownership business, including production, lending operations, and servicing. Foreclosure News
Most renters say homeownership is one of their highest priorities for the future and they are thinking more about purchasing a home now than in past years. Foreclosure News
Jun 8, 2018–An affiliation between GreenPath Financial Wellness and the Homeownership Preservation Foundation is increasing access to support and guidance for people seeking to buy and keep their homes. Foreclosure News
This year's theme, set by the Department of Housing and Urban Development , is “Find Your Place.” HUD is one of many agencies that provide resources to help consumers obtain and sustain homeownership. Foreclosure News
In 1948, as he planned the first Levittown developments in New York, which would provide homes to thousands of returning white World War II veterans, real estate developer William Leavitt promised U.S. government officials, who sought to contest the growing global influence of the Soviet Union, that “No man who owns his own house and […]
The housing crisis that caused more than nine million people to suffer foreclosure and even homelessness due to the economic slump across the U. S. 10 years ago, has now fully recovered for everyone-except people of color-especially Black Americans. “Black people are moving into homeownership at a much slower rate than anything we have seen […]