Items Tagged with 'HOMEOWNERSHIP INVESTMENT'

ARTICLES

  • Here's how long it will take to save for a down payment in major U.S. cities

    The nationwide average climbs to 14 years as affordability issues mount
    The nationwide average to save for a 20% down payment for a median-priced home on a median income is now 14 years, according to Unison’s Home Affordability Report. For average-earning Millennials, that means homeownership may not be attainable until they are well into their 40s.
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  • Homeownership investment startup Hometap expands into new states

    Now available in 6 states, Hometap can help 20% of U.S. homeowners access their equity
    Homeownership investment startup Hometap has expanded into six states, the company announced Wednesday, making its services accessible to 20% of U.S. homeowners. Hometap founder and CEO Jeffrey Glass said the company aims to help those who are house rich but cash poor gain debt-free access to their home's equity.
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  • Homeownership investment startup Landed expands to help teachers in Hawaii buy homes

    Announces partnership with Hawaii Executive Conference
    Earlier this month, homeownership investment company Landed announced that it scored a capital infusion that would fuel its core mission to help more educators afford homes near their work. It appears the startup was quick to put the funds into action, announcing Tuesday that it has partnered with the Hawaii Executive Conference to aid its expansion in Hawaii.
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  • This homeownership investment startup wants to help teachers buy homes

    Landed helps teachers afford down payments so they can live near their work
    The homeownership investment category has been picking up steam lately thanks to solid home price appreciation nationwide. Now, one startup is taking the concept further – creating an investment program designed specifically to help educators afford homes in the communities in which they work. It's called Landed, and it has some major backers.
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  • Homeownership investment company Point raises $122 million

    Plans to work with investors to tackle housing affordability issues
    Homeownership investment company Point just landed a major cash infusion that will fund its plans to help more Americans access their home equity, raising $100 million in platform capital and securing $22 million in a Series B funding round. "We are witnessing the emergence of a whole new class of financial solution that is aligned with homeowners, and investors are taking notice," said Point Co-Founder and CEO Eddie Lim.
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  • Homeownership investment company Unison sees explosive 370% YOY growth

    Is its debt-free, shared-investment model going to become the new way to access equity?
    Homeownership investment pioneer Unison closed out 2018 with an impressive 370% growth in revenue and $2.42 billion in co-invested real estate, the company reported. Could the company's stellar year be a sign that shared homeownership investment will be the new "it" way to access your equity?
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  • Alternative equity release products give homeowners another choice

    Homeownership investors and sale-leaseback companies offer debt-free equity access
    For most people looking to tap their equity, a home equity loan or line of credit is the traditional route. But now, a number of innovative products have come to market that help homeowners tap into their equity – without incurring any debt. Here's a rundown of some of the alternative equity release products on the market right now.
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  • Hometap finds traction with the house-rich, cash-poor

    Homeowership investment startup realizes opportunity in current climate
    As home prices rise and wages remain stagnant, a growing number of Americans are finding themselves house-rich but cash-poor. And, with interest rates trending upward, American homeowners are increasingly likely to stay put. This all spells opportunity for Hometap, a homeownership investment company that’s summer launch was met with unexpected demand.
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  • Homeownership investment company Unison expands reach

    New partnership makes 5% down program available to more homebuyers
    Unison Home Ownership Investors aims to give homeowners and buyers access to cash for the opportunity to share in their home appreciation. In business for more than a decade, the company has been a pioneer in the homeownership investment category. Now, it’s growing into new markets through a new partnership with Goldwater Bank.
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  • NestEgg helps senior homeowners access their equity

    Customers can sell their house but still live there
    Many older Americans haven't put enough cash aside to support themselves in retirement, and that's why homeownership investment companies are popping up around the country, offering homeowners ways to access their home equity to make ends meet. New York-based NestEgg seeks to do just that with its "sell to stay" program, which hooks homeowners up with an investor, who will buy the house but let them stay there.
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