The California Association of Realtors (CAR) has criticized the state legislature for omitting a homeownership assistance program in its 2023-24 state budget. The trade group issued a statement that declared it was “disappointed that the legislature failed to...
A bipartisan bill has been introduced in the U.S. House of Representatives that would create a tax incentive designed to produce 500,000 starter homes over the next decade. Reps. Mike Kelly (R-PA) and Brian Higgins (D-NY) authored the Neighborhood Homes Investment...
Canada burns while America chokes, a lone voice calling for GSE reform and a blip of good news on affordable homeownership. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Miss: Trudeau Fiddles While Canada Burns. Most...
Middle-income homebuyers can only afford less than one-quarter (23%) of properties currently being listed, according to new data from the National Association of Realtors (NAR). Working under the definition of a middle-income buyer as a household earning up to...
Affordable homeownership opportunities continue to be an elusive concept, with new data from Black Knight Inc. (NYSE:BKI) that found all of the nation’s 100 largest markets remain less affordable than their respective long-term averages. The new data study determined...
State Farm and Allstate Take Steps Toward Reopening California Home Insuran…
