The share of LGBTQ homebuyers and sellers has remained at 4 percent since 2015, according to the National Association of Realtors’ latest Profile of LGBTQ Home Buyers and Sellers released on Wednesday. LGBTQ buyers are more likely to purchase older and smaller properties and have less buying power than their heterosexual counterparts, the report revealed.
Dr. Jessica Lautz
“Understanding how buyers navigate the housing market is essential to Realtors,” NAR Vice President of Demographics and Behavioral Insights Jessica Lautz said in a written statement. “This report details the impact of the housing affordability challenges on LGBTQ buyers, who typically had lower household incomes and were more likely to be purchasing more affordable homes.”
Florida Realtors® released a statement in recognition of June as Homeownership Month: “Every day, REALTORS® promote housing opportunities and help people realize their dreams of homeownership,” said 2021 Florida REALTORS® President Cheryl Lambert, broker/owner with Only Way Realty Citrus in Inverness. “Opening the door to homeownership helps families find security and stability. While buying a home is […]
/PRNewswire/ June is National Homeownership Month, a time of year when Florida Realtors®, Realtors® across the U.S. and others celebrate the importance of.
Fannie Mae Launches Your Own Story To Educate Future Homebuyers
Navi Persaud
Jun 04, 2021
Fannie Mae is seeking to help demystify the homebuying process for future homeowners with “Your Own Story.” A new campaign to educate future homebuyers on the entire process.
KEY TAKEAWAYS
Most consumers overestimate the minimum credit score or required down payment necessary to qualify for a mortgage.
Potential homebuyers will find strategies for saving money for a down payment; ways to improve low credit scores; an affordability calculator to estimate a maximum home purchase price based on current expenses and income and more.
Fannie Mae is seeking to help demystify the homebuying process for future homeowners with Your Own Story, a campaign designed to increase consumer knowledge with facts and figures that dispel myths about what it takes to achieve sustainable homeownership, according to a press release.
Fannie Mae Launches Your Own Story, Provides Important Facts and Information for Future Homeowners
Data Identifies Top Misperceptions Impacting Homebuying
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WASHINGTON, June 3, 2021 /PRNewswire/ Fannie Mae (OTCQB: FNMA) is helping to demystify the homebuying process for future homeowners with Your Own Story, a campaign designed to increase consumer knowledge with facts and figures that dispel myths about what it takes to achieve sustainable homeownership. In honor of National Homeownership Month, these resources provide consumers the necessary tools to take the first steps in the homebuying process. Homebuyer education is at the heart of Fannie Mae s mission and that s why we created Your Own Story, an interactive resource for future homebuyers to help them achieve sustainable homeownership, said Katrina Jones, Vice President of Racial Equity Strategy & Impact, Fannie Mae. We know that misinformation can negative