Items Tagged with 'Homeownership'

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From HW Magazine

Rental surge: Why more people are opting out of homeownership

Renting becomes a long-term alternative for many
Has the Great Recession launched a new era of renting versus buying that will eventually result in a nation where more people rent their homes than purchase them? Or is the increase in renters these days due to an “over-correction” in the market? According to the latest “State of the Nation’s Housing” report from Harvard’s Joint Center for Housing Studies, the U.S., in less than a decade, lost all its homeownership gains of the last 20 years.
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Homeownership rate falls again, nearing all-time low

So much for the supposed recovery
Just over two months ago, it seemed like there might finally be a light at the end of the tunnel as the homeownership rate in the United States increased for the second straight quarter, after falling to a 48-year low in the second quarter of 2015. But as it turns out, that growth may have been a mirage.
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Bernie Sanders announces sweeping housing agenda

Wants expansion of HUD programs, credit score reform, 'reinvigoration' of HARP
Say what you will about the Democratic candidates for president (and many do, often with good reason), but at least they are talking housing in 2016. Earlier this year, Hillary Clinton released her full economic agenda, which included several major housing reforms. Now, Bernie Sanders is joining Clinton in releasing his own housing agenda, which includes expanding HUD programs, reforming credit scoring and other proposals.
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From HW Magazine

Right of redemption on HOA sales

A solution or just another problem for servicers in Nevada?
The crown jewel of SB 306 is the right of redemption in the event an HOA foreclosure sale slips through the cracks. On its surface, the right of redemption is a well-needed safety valve for lenders and homeowners; however, its application may be challenging.
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Freddie Mac: 4 financial hurdles blocking homeownership

70% of renters believe renting is more affordable
Nearly three quarters of renters feel that renting is a more affordable choice than homeownership, even though it’s more affordable to buy. Here are the four financial hurdles renters who plan to buy in the next three years indicate they still have to overcome.
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Hispanic homeownership on the rise

'Largest one-year spike in more than a decade'
For the first time since 2009, the Hispanic homeownership rate and the number of Hispanic-owned households increased, while overall homeownership rates in the U.S. decreased for the 12th time, according to data from the State of Hispanic Homeownership Report.
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Hillary Clinton unveils sweeping economic agenda, including major housing reforms

Announces $25 billion housing investment program
With the 2016 presidential election inching closer at a seemingly glacial pace, one issue that many of the main candidates have neglected to address is housing and its impact on the country’s economy. But it appears that is about to change as Hillary Clinton, the Democratic hopeful and former Secretary of State, recently announced a sweeping economic agenda that includes some major housing reforms.
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