MBA, Trade Groups Outline Challenges Facing Borrowers Amid COVID-19

The Mortgage Bankers Association and a half-dozen industry trade groups this week sent a letter to the White House and other government agencies discussing concerns and challenges facing homeowners in paying their mortgage due to the COVID-19 crisis.

Generational Homeownership Trends Evolve

A report from Apartment List, San Francisco, refutes the common misconception that Millennials are the first generation to drive a dip in homeownershiip.

2020: Year of the Woman (Homeowner)

A report from real estate tech companies Better.com and Compass finds homeownership for women is on the rise, thanks to recent advances in technology during the home buying, selling and financing processes have helped eliminate bias and discrimination women have historically faced on the journey to homeownership.

2020: Year of the Woman (Homeowner)

A report from real estate tech companies Better.com and Compass finds homeownership for women is on the rise, thanks to recent advances in technology during the home buying, selling and financing processes have helped eliminate bias and discrimination women have historically faced on the journey to homeownership.

Encouraging Signs for Black, Latinx Homeownership Rates

After hitting historic lows during the Great Recession, African American homeownership in the U.S. has rebounded promisingly, said Zillow, Seattle, marking what it suggested was “perhaps the start of a recovery.”

Analysis: More Gen Zers Than Millennials Will Own Homes

Even as Millennials age into their prime home-buying years, they’re still not keeping up with past generations, said Zillow Inc., Seattle. Furthermore, the analysis said, Gen Z could end up overwhelming Millennials in homeownership competition.

Housing and the Holidays

Leadership during times of economic opaqueness, scary events and political drama can lack efficacy. What worked in the past is a poor roadmap into the future–whack-a-mole urgency will widen the gaps between enterprises. Innovation and automation may be the only certainties over the next 18 months.

Homeowners Today Staying in Homes Five Years Longer Than in 2010

Redfin, Seattle, said the typical American homeowner has spent 13 years in their home, up from eight years in 2010. Median home tenure increased in all 55 metros Redfin analyzed, leading to decreased inventory available for first-time home buyers in many places.