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Guest Opinion: A Possible Plan to Increase the Housing Stock While Improving Affordability

Guest Opinion: A Possible Plan to Increase the Housing Stock While Improving Affordability

by Barbara G. Johnson | Aug 2, 2023 | Current News & Events, Guest Opinion, Real Estate News, U.S. Housing Market, WRE News Exclusive

The housing supply has fallen to a historic low. Builders have not been able to keep pace with demand, resale stock is in short supply due to many social and economic factors, and the demand for housing from the millennial generation continues, with a younger...
The Best and Worst Cities for First-Time Home Buyers Are…

The Best and Worst Cities for First-Time Home Buyers Are…

by Phil Hall | Jul 18, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

WalletHub has taken another look at the U.S. housing market, this time with the newly published 2023 edition of the Best & Worst Cities for First-Time Home Buyers. For this study, WalletHub analyzed 300 cities using 22 key metrics ranging from housing...
CrossCountry Mortgage Creates New SVP Position Focused on Affordable Homeownership

CrossCountry Mortgage Creates New SVP Position Focused on Affordable Homeownership

by Phil Hall | Jul 11, 2023 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Cleveland-headquartered CrossCountry Mortgage has named Jayma Banks as senior vice president of housing initiatives. In this newly created position, Banks will focus on expanding affordable homeownership opportunities with community products including CCM Community...
JPMorgan Chase Allocates $7.65M to Expand Black and Hispanic Homeownership in DC

JPMorgan Chase Allocates $7.65M to Expand Black and Hispanic Homeownership in DC

by Phil Hall | Jun 30, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

JPMorgan Chase (NYSE:JPM) has pledged $7.65 million to support three nonprofits working to improve housing affordability and stability for Black and Hispanic households in Washington D.C. The funding will be divided with $4.45 million going to the Coalition for...
Affordable Homeownership Opportunities Continue to Dwindle

Affordable Homeownership Opportunities Continue to Dwindle

by Phil Hall | Jun 29, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median-priced single-family homes and condos were less affordable in the second quarter of this year compared to historical averages in 98% of counties around the nation with enough data to analyze, according to a new report from ATTOM. Nationwide, the median...
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