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BPS Issues Call for Petition in Pharmacy Informatics

/PRNewswire/ The Board of Pharmacy Specialties® (BPS), the post-licensure certification organization serving the pharmacy profession, issues a call for. ....

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Experts: There's no incentive in Greater Boston for rent-to-own

April 6, 2021 6:57 pm
An exorbitantly high-cost housing market like Boston can’t let any affordable housing tool go unused.
But rent-to-own agreements, typically a pathway to homeownership for people with low credit or not enough money for a down payment, aren’t usually found in the city’s affordable housing toolkit alongside measures such as inclusionary development and financial assistance for first-time home buyers.
Greater Boston’s home prices, among the highest in the United States, are a major reason why.
“It’s definitely an on-ramp to homeownership, although probably not in Boston,’’ said Laurie Goodman, vice president of housing finance policy at the Urban Institute, a think tank in Washington, D.C. ....

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Availability is the new affordability

Availability is the new affordability
Jon Gorey
Realtors and housing experts are warning of a difficult spring for first-time home buyers. Prices already had climbed for seven straight years before skyrocketing during the pandemic. With buyer demand far outpacing the number of homes for sale, median home prices were up 12.9 percent in December compared with the year before, marking the 106th consecutive month of year-over-year price gains, according to the National Association of Realtors.
And incomes haven’t kept pace with those fast-rising home prices. Even before the pandemic, “prices were about 4.3 times higher than the median household income,” said Alex Hermann, senior research analyst at Harvard’s Joint Center for Housing Studies. That basic measure of housing affordability, already at its worst level since 2006, almost certainly rose again in 2020. “Nationally, price-to-income ratios have risen for eight straight years,” he said. ....

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Why availability is the new affordability in home buying

Why availability is the new affordability in home buying
boston.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boston.com Daily Mail and Mail on Sunday newspapers.

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