Tag: homeownership

New Fannie Mae Mortgage Program Makes it Easier to Purchase a Home

Filed in Homeownership, Housing Finance by on August 27, 2015 3 Comments
New Fannie Mae Mortgage Program Makes it Easier to Purchase a Home

Creditworthy borrowers with moderate to low incomes will be able to purchase a home with a downpayment as low as 3% through Fannie Mae’s newly announced HomeReady™ mortgage program.

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Maryland Governor Pushes Jobs, Homeownership

Maryland Governor Pushes Jobs, Homeownership

If pro-growth, pro-housing policies can be enacted in blue-state Maryland, then they can be enacted anywhere, Maryland Gov. Larry Hogan told an audience of business leaders in Washington, D.C. Hogan spoke Aug. 25 at NAHB’s headquarters as part of the Republican Governors Association’s ongoing DC Discussions series.

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New Foundation Draws National Attention to Housing Concerns

Filed in Homeownership, Leadership, Multifamily by on June 18, 2015 0 Comments
New Foundation Draws National Attention to Housing Concerns

Seeking to find bipartisan solutions to address rising rents and diminished access to homeownership, the J. Ronald Terwilliger Foundation for Housing America’s Families officially launched today at the National Press Club in Washington, D.C.

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How’m I doin?

Filed in Economics, Homeownership by on June 16, 2015 0 Comments
How’m I doin?

While “how’m I doin?” was the catchphrase of Ed Koch, the late former mayor of New York City, a similar question was posed to home owners and renters in a recent Federal Reserve survey.

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The Chairman’s Corner

Filed in Uncategorized by on June 8, 2015 0 Comments
The Chairman’s Corner

NAHB Chairman Tom Woods gives an update on NAHB initiatives and noteworthy regulatory priority issues, including thoughts on Homeownership Month, Waters of the U.S., and housing finance.

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Promote National Homeownership Month with NAHB Resources

Filed in Homeownership by on June 2, 2015 0 Comments
Promote National Homeownership Month with NAHB Resources

With lower interest rates and home prices boosting housing affordability across the country, home builders and affiliated HBAs have a great opportunity to promote the benefits of homeownership during National Homeownership Month in June. To assist in your efforts, NAHB provides an online toolkit of resources that can be customized for your local markets. Some highlights of the toolkit include: […]

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Millennials Desire a Home in the Suburbs

Filed in Homeownership, Housing Trends by on April 9, 2015 0 Comments
Millennials Desire a Home in the Suburbs

A common misconception in the wake of the Great Recession is that Americans, particularly millennials, hold different preferences regarding homeownership and a desire to live in the suburbs. This stylized argument claims that the declining homeownership rates of recent years is a reflection of an increased desire to rent, particularly in more urban locations.

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Setting the Record Straight on Homeownership

Filed in Homeownership by on February 11, 2015 2 Comments
Setting the Record Straight on Homeownership

In a Feb. 5 op-ed column, Washington Post editorial writer Charles Lane attacked U.S. policies that support homeownership, including the 30-year mortgage. In a forceful rebuttal, NAHB Chairman Tom Woods laid out the facts and set the record straight in a letter to the editor published in The Post on Feb. 11.

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People May be More Likely to Buy than Rent in 2015

People May be More Likely to Buy than Rent in 2015

NBC News reports that a tight supply of rental units and the resulting rise in rates continues to push more renters toward homeownership, so much that 2015 may be a boom for new home buyers.

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An Incomplete Picture of Homeownership

Filed in Homeownership, Housing Finance by on December 3, 2014 0 Comments
An Incomplete Picture of Homeownership

A New York Times editorial on “Homeownership and Wealth” published on Nov. 30 concluded that “as a means to building wealth … there is no practical substitute for homeownership.”

While the editorial made important points on the value of homeownership, it failed to address the main obstacles that are preventing more American households from owning a home of their own.

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