This is why investing in affordable housing is a land of opportunity

The ongoing conversation about more accessible housing needs to be rewritten: Homebuyers want smaller homes. Builders today can build smaller, smarter homes. The end. Select Teed One Precision Assemblies are one of many new component-based approaches to affordable, high-performance enclosure solutions. DefinitelyTeed The industry is teeming with ways builders can cut costs. All the puzzle […]

HomeBenefit, Affinity Federal Credit Union relaunch partnership

“Affinity Federal Credit Union has a long-standing commitment to helping members achieve their homeownership goals,” said Stephanie Smith, vice president of operations at HomeAdvantage. “We are excited to relaunch this partnership and once again offer Affinity members a seamless, trusted real estate experience that delivers both trust and real financial value.” Affinity Federal Credit Union […]

Social Security proposals raise the stakes for senior homeowners

Ideas cited by the Brookings Institution of the Progressive Policy Institutethe American Business Institute (AEI) and the Cato Institute all recommend shifting the program from the current wage replacement structure to a flat benefit aimed primarily at preventing poverty in old age. Supporters say flat benefits would guarantee a basic income floor. Critics warn this […]

A turning point for the mortgage industry: industry efforts to build trust with the next generation

In 2020, I began to track a steady decline in consumer confidence in the mortgage industry. Five years later, that decline has reached a clear low point. Only 20 percent of millennials and Generation Z say they trust mortgage professionals to help them make informed decisions. The knowledge gap remains significant, but in an age […]

A Growing Threat to Homeownership: How Heirloom Ownership Undermines Affordable Housing

A 2021 NPR Podcast Segment painted a picture of the American Dream turned nightmare: A Louisiana family faced the loss of their five-generation home that had been owned by the family’s formerly enslaved great-great-grandfather, Jacob Loud. That segment from four years ago is still relevant. And the Loud family’s story sheds new light on a […]

The dream of homeownership is not dead, but it must evolve

Americans collectively own nearly $35 trillion in housing wealth, an increase of nearly 80% since the start of 2020 (Federal Reserve). Yet, despite this unprecedented accumulation of home equity, many homeowners feel less financially secure than ever. A recent Hometap research found that almost half (54.5%) of homeowners report feeling financially stressed, with 46% citing […]