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The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a surprise announcement that the federal government is taking a second look at charges of racial discrimination
The intersection of homeownership and racial disparity was in the spotlight with a new data analysis of mortgage denial rates based on race and a surprise announcement that the federal government is taking a second look at charges of racial discrimination in Facebook’s advertising platform.   An... Keep Reading....
New York City saw 920 homes were scheduled for auction for the first time during the first quarter of this year, a 31 percent year-over-year increase
New York City saw 920 homes were scheduled for auction for the first time during the first quarter of this year, a 31 percent year-over-year increase, according to new data from PropertyShark.   Among the city’s five borough, Brooklyn saw the greatest spike in foreclosure auctions with 275 homes in... more
Twenty percent of the U.S. population lives in multigenerational households, according to new data from the Pew Research Center
Twenty percent of the U.S. population lives in multigenerational households, according to new data from the Pew Research Center. This living arrangement involves 64 million people, a record number.   This trend has been growing for nearly a decade. Pew reported that 51.5 million people (17 percent... more
Potential homeowners in search of affordable residential properties will have a tough time if they are hunting in California
Potential homeowners in search of affordable residential properties will have a tough time if they are hunting in California, according to the 2018 Home Affordability Report issued by San Francisco-based Unison Home Ownership Investors.   The report, which analyzed the nation’s 22 largest metro... more
Two-thirds of Americans view renting as a more affordable option than homeownership, according to Freddie Mac’s new Profile of Today’s Renter report
Two-thirds of Americans view renting as a more affordable option than homeownership, according to Freddie Mac’s new Profile of Today’s Renter report.   Sixty-seven percent of renters polled by Freddie Mac stated renting was a more affordable option for them than being a homeowner, while 67 percent... more