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Affordability

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Hemp spells affordable housing for Native American community

July 25, 2025 by bp56691
Prompted by U.S. Census data indicating the need for 200 new homes by 2030, the Lower Sioux Housing Authority turned to hempcrete.
Categories Affordability, Affordable Housing, Construction, Homebuilders, Housing Market, HWmember, Minneapolis, Minnesota

Scott, Warren announce bipartisan housing bill markup

July 25, 2025 by bp56691
The first bipartisan housing markup in more than a decade will involve the consideration of the ROAD to Housing Act of 2025.
Categories Affordability, Affordable Housing, Elizabeth Warren, Housing Inventory, Housing Market, HWmember, Legislation, National Housing Conference, Politics, Senate

Bright MLS: Housing market shifts toward necessity, balance

July 25, 2025 by bp56691
The survey found that nearly 75% of agents had buyers pause their home search — an increase from less than two-thirds in Q2 2024.
Categories Affordability, Bright MLS, First-Time Homebuyers, Home Sales, Homebuyers, Housing Market, Housing Market Data, HWmember, Mortgage Rates

Bipartisan housing bill targets local zoning barriers

July 23, 2025 by bp56691
The bill has drawn support from organizations including the National Association of Home Builders and Habitat for Humanity International.
Categories Affordability, Colorado, Habitat for Humanity, House of Representatives, Housing Inventory, Housing Market, HWmember, Legislation, National Association of Home Builders, Nebraska

California creates office dedicated to housing, homelessness issues

July 21, 2025 by bp56691
Restructuring aims to better integrate and administrate response to the state’s housing and homelessness challenges.
Categories Affordability, California, Home Prices, Homebuilders, Homelessness, Housing Inventory, Housing Market, HUD, Politics, Regulatory, Regulatory Compliance

Phillip Cantrell’s book offers blueprint for real estate entrepreneurship

July 17, 2025 by bp56691
Phillip Cantrell — founder and CEO of Benchmark Realty — says the inspiration for writing the book stemmed from a desire to give back.
Categories Affordability, Brokerage, First-Time Homebuyers, Housing Inventory, HWmember, Real Estate, Real Estate Agents, United Real Estate

Westcor joins Fannie Mae title waiver pilot

July 11, 2025 by bp56691
The pilot, relaunched by Fannie Mae in March 2024, allows approved mortgage lenders to use an automated title review process.
Categories Affordability, American Land Title Association, Bill Pulte, Fannie Mae, FHFA, HWmember, Mortgage, Title, Title insurance

‘Dating the rate’ misled borrowers. Now they’re financially strained

July 10, 2025 by bp56691
An out-of-date mantra that once lured in prospective homebuyers is being criticized by mortgage originators who say clients were “misled.”
Categories Affordability, Churchill Mortgage, Homebuyers, HWmember, LendingLife, Loan Officer, Mortgage, Mortgage Rates, Origination, Refinancing

Survey: Down payment concerns delay homeownership for many

July 3, 2025 by bp56691
Among those who are postponing or not planning to purchase, one-third cite insufficient income as the primary obstacle.
Categories Affordability, Down Payment Assistance, First-Time Homebuyers, Home Prices, Homebuyers, Housing Market, national association of realtors, NeighborWorks America, Real Estate

NAR: Homebuyers still have down payment misconceptions

June 30, 2025 by bp56691
NAR: Homebuyers still have down payment misconceptions
One of the most persistent misconceptions among aspiring homeowners is that a 20% down payment is required to buy a home.
Categories Affordability, Down Payment Assistance, FHA loan, First-Time Homebuyers, Homebuyers, Housing Market, HWmember, national association of realtors, VA Loan
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