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Real Estate

Examining Discrimination, Financial Barriers in the Homebuying Process

Nearly one in six prospective homebuyers across different races and ethnicities reported facing some form of discrimination during the homebuying process, according to the National Association of Realtors. Others cited their primary reasons for stalling their home purchase as waiting for mortgage rates and home prices to decline, alongside a lack of available homes within their budget.

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Honoring Women Fostering the Expansion of Homeownership

The Five Star Institute will recognize the achievements of remarkable businesswomen working to expand homeownership, especially for first-time homeowners, with its Keys in Hand Award, part of the upcoming 12th Annual Women in Housing Leadership Awards event.

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Breaking Down August Foreclosure Filing Report Data

August 2023’s Foreclosure Market Report, curated by ATTOM Data, showed that there was a total of 33,952 residential real estate properties with foreclosure filings against them, a number that jumped 7% from July but decreased by 2% year-over-year.

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July Home Prices Growth Jump Over 2%

U.S. home price gains moved up to 2.5% year over year in July, marking the 138th consecutive month of annual growth, while 11 states saw home price declines over the course of the month.

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