Tapping a 401(k) for homeownership is risky business

Tapping a 401(k) for homeownership is risky business

“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 »
Bill proposes eliminating capital gains tax on home sales

Bill proposes eliminating capital gains tax on home sales

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 »
Social Security proposals raise stakes for senior homeowners

Social Security proposals raise stakes for senior homeowners

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 »
California Environmental Quality Act is hurting Latino homeownership

California Environmental Quality Act is hurting Latino homeownership

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 »
MBA, other stakeholders team up to address racial homeownership gap

MBA, other stakeholders team up to address racial homeownership gap

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 »
Opinion: Restoring the American Dream: How 40- and 50-year mortgages could reignite homeownership

Opinion: Restoring the American Dream: How 40- and 50-year mortgages could reignite homeownership

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 »
HUD Partners With Zillow To Close Racial Homeownership Gap

HUD Partners With Zillow To Close Racial Homeownership Gap

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 »
MBA, other stakeholders team up to address racial homeownership gap

Kamala Harris’s path to financial equity and homeownership

While elections are still a couple of months away, some rhetoric regarding the housing market and affordability is starting to emerge. Democratic candidate Kamala Harris has provided first insights on portions of... Read more »
The Incredible Story of Homeownership, Resilience and Community That Was Almost Lost

The Incredible Story of Homeownership, Resilience and Community That Was Almost Lost

REALTOR® Emeritus Bill Flagg was among the organizers of the 100th anniversary celebration of Kramer Manor, a historically Black community of homeowners. Kramer Manor is a bucolic neighborhood of approximately 100 homes... Read more »
Divvy launches new product aimed at homeownership readiness

Divvy launches new product aimed at homeownership readiness

Proptech startup Divvy is starting 2024 with a new product launch. Known for its rent-to-buy product — which provides homebuyers with an all-cash offer and allows them to rent a property until... Read more »