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Amazon to Finance Affordable Homeownership Initiative

by Phil Hall | Sep 13, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The e-commerce giant Amazon (NASDAQ:AMZN) has teamed with the nonprofit National Housing Trust (NHT) on an affordable homeownership pilot program designed to help up to 800 individuals and families from underserved communities purchase homes. The initiative will focus...
West Virginia Housing Development Fund Breaks Record for Affordable Mortgage Issuance

West Virginia Housing Development Fund Breaks Record for Affordable Mortgage Issuance

by Phil Hall | Sep 7, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The West Virginia Housing Development Fund issued more than $20 million in affordable mortgage loans to buyers across the state in July, a new record level that resulted in the doubling of year-over-year totals. During July, the Fund issued 119 loans through its...
New Initiative Focuses on Advancing Affordable Homeownership for Asian Americans

New Initiative Focuses on Advancing Affordable Homeownership for Asian Americans

by Phil Hall | Sep 7, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Asian Real Estate Association of America (AREAA) is partnering with Wells Fargo & Co. (NYSE:WFC) on a new endeavor to advance sustainable homeownership for first-time homebuyers and low- to moderate-income households within the Asian American Native Hawaiian...
A Phil Hall Op-Ed: 5 Housing Questions to Ask at the GOP Presidential Debate

A Phil Hall Op-Ed: 5 Housing Questions to Ask at the GOP Presidential Debate

by Phil Hall | Aug 21, 2023 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: For some reason, I wasn’t invited to be a moderator at Wednesday’s Republican presidential primary debate – obviously, I need to talk to Rupert Murdoch about that oversight. However, if I was in the position to ask questions of the individuals...
California’s Housing Affordability Level at 16-Year Low

California’s Housing Affordability Level at 16-Year Low

by Phil Hall | Aug 14, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing affordability in California sank to its the lowest level in nearly 16 years, according to new data from the California Association of Realtors (CAR). Less than one in five (16%) home buyers could afford to purchase a median-priced, existing single-family home...
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