Remove articles the-current-challenges-to-increasing-the-homeownership-gap
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The current challenges to increasing the homeownership gap

Housing Wire

This article is part of our housing market economic update series. While the homeownership rate in the U.S. has increased overall throughout the pandemic, this is not the same for all Americans. Home prices in the last few months have continued to increase at a double-digit pace. To register for the HW+ event, go here.

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The American dream and the affordability crisis

Housing Wire

Because homeownership is traditionally considered one of the surest routes upward in a socially mobile society and the primary means by which Americans accumulate wealth, the inability to buy a home puts much more than just the real estate market in jeopardy. What is the “American Dream?” A crisis of affordability.

Mortgages 397
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Now is the time to cultivate strong borrower-lender relationships

Housing Wire

HousingWire: How has the current market affected the way lenders approach customer relationships? Dustin Gray: You don’t have to be an economist to know it’s a challenging time to buy a home or get a loan. Another way to think about it is there are 110 million homes in the US – and 106 million of them won’t transact in the next year.

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HW+ Member Spotlight: Katherine Mechling

Housing Wire

HW Media: What is your current favorite HW+ article and why? But ultimately, real estate is the business of delivering homeownership — the primary means by which most Americans build generational wealth — to people, and the affordability crisis challenges that, disproportionately affecting low-income homebuyers and people of color.

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“Double Trouble” and the Homeownership Divide

RIS Media

Homeownership continues to be one of the most important means of wealth building in the U.S. Market factors such as greater housing demand, remote work flexibility, supply chain issues, inflation and other pandemic-related impacts have presented additional challenges for prospective homebuyers and the industry broadly.

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Housing Shortage in the US: Challenges and Solutions

Marco Santarelli

The demand for housing has increased dramatically in recent years due to factors such as population growth, a strong economy, and low-interest rates. This has led to rising housing costs, increased homelessness, and other social and economic problems. million units, with the gap between supply and demand widening every year.

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The Expectations vs. Reality Gap: Millennials Want to Buy a Home within a Year, but Saving Takes up to 10 Years

Point2Homes

But Millennials are still barely managing to squeeze into homeownership land. Although mortgage rates are at their lowest point in decades, down payments and low savings are the main hurdles that trip young people up on their path to homeownership. Mind the Gap: Millennials Have Big Dreams, but Little Resources.

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