Home Ownership In The News

Home ownership issues affect all Americans, and we want to make sure that supporting home ownership remains a priority on the nation’s public policy agenda. This page provides links to recent news updates so that you can stay informed on the issues that may affect your ability to buy, sell and own a home, and help us make Home Ownership Matter.

News From Around the Web

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REALTOR Magazine
More Single-Family Homes Are on The Way
October 20, 2016

Builders started on more single-family homes last month, boosting production by 8.1 percent to a seasonally adjusted annual rate of 783,000 units, the Commerce Department reported this week.

NAR
First-time Buyers Steer Existing-Home Sales Higher in September
October 20, 2016

Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers.

Tennessean
4 savvy ways to save for a downpayment
August 15, 2016

What do homeowners say is the hardest part of buying a home? It’s not finding the right home. It’s not even choosing the right agent. According to the most recent NAR’s Profile of Home Buyers and Sellers, it’s saving for the down payment.

The Detroit News
5 tips to rebound from a foreclosure or short sale
August 14, 2016

As rents rise, low mortgage rates persist and the economy gradually improves, some who lost their home in recent years will be able to re-enter the housing market. For those looking to put down homeownership roots once more, here are five things to consider.

Forbes
Why Homeownership Matters
August 12, 2016

The homeownership rate has fallen to a 50-year low. As of the second quarter of this year, 63.1% of households were homeowners. Is that a concern for the country, or should we just let it be as a reflection of consumer choice?

Housing Wire
Top 10 markets where renters can afford to buy
August 4, 2016

New study reveals that there are several affordable, middle-tier markets with solid job gains and a large segment of renters who earn enough to buy.

The Real Deal
New bill brings good news for condo buyers
July 29, 2016

“In a rare moment of bipartisanship before heading home for the summer, the Senate unanimously passed legislation that will require the FHA to lighten up on its condo financing regulations and make low down payment FHA loans more available.”

HousingWire
Condo legislation passes in Senate, offers relief for homebuyers
July 15, 2016

The U.S. Senate just passed H.R. 3700, the Housing Opportunity Through Modernization Act, unanimously. Now, it just needs the President’s signature.

The Columbus Dispatch
Student debt hampers home buying
June 19, 2016

The survey, released by the National Association of Realtors and the consumer literacy program SALT, found that 75 percent of nonhomeowners who have student debt said the debt is delaying their home purchase by making saving for a down payment hard.

Christian Science Monitor
Millennials still love cities, but may choose to purchase a home elsewhere
June 17, 2016

According to a statement by NAR Chief Economist Lawrence Yun, “The need for more space at an affordable price is for the most part pushing [Millennials’] search further out.”

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