Articles Tagged with ''Homeownership''

NAR: Renters say they want to own a home

But not for the reasons you might think
About 75% of current non-homeowners say they would like to own a home one day, and consider it as part of the American Dream. However, the reasons why they want to buy a home, or more specifically, one major reason that isn’t a factor in their decision, might come as a surprise.
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How social enterprise is going to rebuild homeownership

Nonprofits touch hundreds of thousands of potential first-time homebuyers
Everyone from homebuilders to mortgage lenders and real estate professionals want to see the homeownership rate increase. These traditional pillars of the market are retooling their products and services and hoping for success. But another, often overlooked, player in the market is reconfiguring its business in order to put more wind in the sales of homeownership.
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Renters take over nearly 25% of major U.S. cities

Rentership growth outpacing homeownership in 97 of top 100 cities
Over the past 10 years, the rental population increased dramatically, even outpacing homeownership growth in the majority of the top U.S. markets, however, a new study from RentCafé shows there’s still hope for the homeownership population.
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Churchill Mortgage launches certified homebuyer program

Enables borrowers to get ahead of other buyers
“Churchill’s Certified Homebuyer Program was designed to help our borrowers get a head start on securing funding so they are positioned to present offers that are already pre-approved and pre-underwritten – increasing their odds of having their offer selected," Churchill Mortgage President Mike Hardwick said.
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Homeownership rate rises to highest level since 2014

Continues slow trek back above historic lows
The national homeownership rate continued its slow trek back above last year’s historic lows in the third quarter, rising to levels not seen since 2014. The homeownership rate is now a full percentage point above 2016’s second quarter, when it fell to it lowest level since 1965.
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Mohamed El-Erian talks rate hikes, future of the Fed, state of housing

Chief economic advisor at Allianz shares economic views at MBA Annual
Speaking at the Mortgage Bankers Association Annual Convention in Denver, Mohamed El-Erian, the chief economic advisor for Allianz and the former chief executive and co-chief investment officer at PIMCO, told the crowd that any concerns over the impact of future rate hikes from the Federal Open Markets Committee, the future leadership of the Federal Reserve, and the looming shrinking of the Fed’s balance sheet are unwarranted.
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NAR: Home sales may be falling, but housing sentiment is on the rise

Renters saying now is a good time to buy rebound
The number of homeowners saying now is a good time to sell their home hit a record high in the third quarter, and an increasing share of renters claim now is a good time to buy. However, this increase in sentiment is not translating into a higher number of home sales. The National Association of Realtors explains why.
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