Real estate news

• Fair Housing: From Dream to Reality

  07-04-2018 06:02
  April 11, 2018 marks 50 years since the Fair Housing Act legislation passed, but for some Americans, the “American Dream” of homeownership remains just that—a dream. Although significant strides in fair housing have been made since the 1968 passage of the Fair Housing Act, there’s still work to do in order to achieve its intended goals.
  Even today, minorities are sometimes ushered toward specific neighborhoods. Other groups, such as LGBTQ and veterans, also feel the sting
  
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• Affordability Challenged in Over Half of Markets: Report

  07-04-2018 06:01
  Affordability is being crunched in 68 percent of, or 304 out of 446, counties in the U.S., according to ATTOM Data Solutions Q1 2018 U.S. Home Affordability Report. Buyers, in other words, are not earning enough to make monthly payments on a property.
  Analysts at ATTOM considered a 3 percent down payment and a 28 percent maximum front-end debt-to-income ratio, as well as data on wages from the Labor Department. The findings? In addition to 68 percent of markets tagged as unaffordable, there is a
  
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• Consumer Confidence Retracts

  07-04-2018 06:00
  Consumer confidence retracted in March, posting a 127.7 reading in the latest Consumer Confidence Index® from The Conference Board. February’s reading was 130.
  The Expectations reading of the Index, which gauges how consumers feel about their business, employment and income prospects six months out, fell to 106.2; in addition, the Present Situation reading, which gauges how consumers feel about conditions currently, fell to 159.9.
  “Consumer confidence declined moderately in March
  
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