According to the report, 76% of respondents already own a home and 95% said they plan to own one before age 40. That contrasts with broader national trends as the median age... Read more »
Reports before Davos suggested that President Trump would announce an initiative to spur homeownership by allowing individuals to withdraw funds from their 401(k) accounts to make a down payment on a home... Read more »
Natural disasters can upend lives in an instant, leaving homeowners to cope with emotional trauma and financial uncertainty. Mortgage lenders and housing professionals play a critical role in helping clients rebuild. By... Read more »
“Financially, the American dream should not be homeownership, but should be financial independence,” Robert Johnson, CEO of Economic Index Associates and a professor at Creighton University, said in the report. “People fall... Read more »
Rep. Craig Goldman (R-Texas) introduced legislation this week, dubbed the Don’t Tax the American Dream Act, that would eliminate federal capital gains taxes on the sale of primary residences. “Americans are overtaxed.... Read more »
Ideas cited by the Brookings Institution from the Progressive Policy Institute, the American Enterprise Institute (AEI) and the Cato Institute all recommend shifting the program away from its current wage-replacement structure toward... Read more »
Latinos in California face significant disparities in income, homeownership and education compared with their counterparts in other states with substantial Latino populations such as Texas and Florida. Our state’s housing crisis is... Read more »
The Mortgage Bankers Association (MBA) on Monday announced the launch of a new initiative involving 12 other corporate stakeholders. The entities will seek to find potential solutions for closing the racial homeownership... Read more »
The American dream of homeownership is slipping away for many, as the gap between wages and home prices continues to widen. In the 1970s, home prices aligned more closely with income levels.... Read more »
The Department of Housing and Urban Development has partnered with Zillow for “Let’s Make Home the Goal,” a campaign aimed at connecting minority communities with HUD pre-housing counseling services. Whether it’s refining... Read more »