If Realtors, lenders and homebuyers are the stars of the real estate show, Fannie and Freddie are the unseen producers who bankroll the production from backstage.
The National Association of Real Estate Brokers has joined the RE/MAX Strategic Alliances program to help grow homeownership among minority groups.
The news that Zillow is purchasing ShowingTime for $500 million sent shockwaves through the residential real estate industry in February. See what Chicagoland readers had to say.
The median sales price in the first month of 2021 was up 11.8% from January 2020 to $285,000, nearly matching the record high of $290,000 set last August.
NAR put together its “Snapshot of Race and Home Buying in America” report to study the hurdles that persistently block minorities from owning homes.
The study largely dispels a long-held belief that nearby homes lose value once low-income housing is built in an area.
The top reason why long-time searchers have not purchased a home is because 40% say they were outbid.
The ad is part of their national brand campaign, Believe You Will, which encourages the power of positive thinking and believing you can accomplish your goals.
The order directs the U.S. Department of Housing and Urban Development to reexamine Trump Administration changes to Obama-era fair housing rules.
CBC Mortgage Agency, a nationally chartered finance agency, applauded the decision, noting in a press release that 85% of individuals in the DACA program are Hispanic and account for over a third of CBCMA borrowers.