Black Buyers at a Disadvantage Over Others: Zillow

Affordability is a growing problem—but for black buyers, it has created a deep disadvantage over other groups, according to an analysis newly released by Zillow. Based on the black household income (a median $39,466), and without exceeding the 30 percent housing spend standard, black buyers could afford just 55.3 percent of listings nationwide in 2017—a […]

The post Black Buyers at a Disadvantage Over Others: Zillow appeared first on RISMedia.

Black Buyers at a Disadvantage Over Others: Zillow

Affordability is a growing problem—but for black buyers, it has created a deep disadvantage over other groups, according to an analysis newly released by Zillow. Based on the black household income (a median $39,466), and without exceeding the 30 percent housing spend standard, black buyers could afford just 55.3 percent of listings nationwide in 2017—a […]

The post Black Buyers at a Disadvantage Over Others: Zillow appeared first on RISMedia.

Millennials Are Redefining Home-Buying Standards—and Gen Z Is Next

The home-buying approach varies from generation to generation—and in order to overcome down payment hurdles, millennial buyers are transforming the standards of homeownership set by baby boomers, according to the 2017 Zillow Group Report. In fact, less than half (39 percent) of millennials submit offers with the recommended 20 percent down payment. Twenty-one percent put […]

The post Millennials Are Redefining Home-Buying Standards—and Gen Z Is Next appeared first on RISMedia.

2017: The Year of Women and Minorities

The housing ecosystem is evolving, and we’re witnessing circumstances to be more favorable for underrepresented groups than previously. Will 2017 continue this progression? Market While low mortgage rates are undermined by high home prices, buying in southern metros is at times more than 50 percent cheaper than renting, according to Trulia. Buyers in the West, […]

The post 2017: The Year of Women and Minorities appeared first on RISMedia.

Young Hispanics making a positive impact on Texas housing

If you are a real estate agent or mortgage lender in Texas, you may have some great opportunities to grow your business in the future while helping the state’s growing Hispanic population become homeowners …

BHGRE honored by PR News for commitment to diversity

Better Homes and Gardens Real Estate has earned a Diversity in PR Award as the result of its 2015 research efforts, which included surveys of the LGBT community, Hispanic women and Chinese Americans …

Century 21 wooing Hispanics

Marking the real estate franchisor’s latest bid to tap the Hispanic community for business and talent, Century 21 has partnered with Polvoara Advertising, a digital advertising agency that specializes in branding companies to the U.S. Hispanic market …