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Three in four baby boomers don’t use homebuyer resources

Housing Wire

About 10,000 Americans turn 65 each day and all boomers will reach that milestone by 2030, according to census data. Department of Housing and Urban Development , have become essential for borrowers of all ages as higher interest rates and down payment requirements have eaten into affordability.

Tools 454
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Opinion: Pass the Neighborhood Homes Investment Act

Housing Wire

The Neighborhood Homes Investment Act (Neighborhood Homes) would begin addressing these challenges by developing or renovating 125,000 affordable homes in economically distressed communities. It’s a fact: the homeownership gap between Black and white households is wider now than when the Fair Housing Act was passed in 1968.

Investing 446
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How a strategic coalition is fighting homelessness in Dallas

Housing Wire

Over the past three decades, DCH has developed more than 2,400 safe and affordable rental units in some of the most distressed areas of Dallas. Builders of Hope in the past has set its sights on constructing owner-occupied deeply affordable homes — developing more than 500 such homes over the past 25 years.

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Rocket Mortgage breaks into the solar industry

Housing Wire

This is a perfect synergy between our businesses as we develop a digital solution to ensure Americans can receive solar panels with the same certainty they have come to expect when working with our Rocket platforms,” said Farner. thus far and counting.

Mortgage 417
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Black Americans still face massive housing barriers

Housing Wire

.” Earlier this month, groups including the Department of Housing and Urban Development (HUD), the Mortgage Bankers Association, the National Association of Realtors, the National Association of Real Estate Brokers unveiled a plan to increase Black homeownership significantly by 2030.

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Underwriter shortage slowing the pace of private-label deals

Housing Wire

Employment of loan officers is projected to show little or no change from 2020 to 2030,” the BLS’ Occupational Outlook for that job category states. Despite limited employment growth, about 25,000 openings for loan officers are projected each year, on average, over the decade. “The

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Driving Toward Vehicle Charging Capabilities for the Home

Will Springer Realtor

Additionally, the Washington Legislature budgeted $103M in public charging infrastructure in 2022 – all while the state passed a law last year that bans the sale of new gas-powered vehicles by 2030. I developed a guide called Smart-home Technology: Planning and budgeting for the newest advances in safe living.