Affordable housing

Study Reveals Effects of Latest HUD Assistance Policy Proposals

By Jon Anderson / June 8, 2018 /

Being poor is no picnic in a thousand little ways. People give the poor grief for using food stamps to buy junk food and sugary drinks. And now, a study using data from the New York State Department of Health hints at a partial reason: Food manufacturers know food stamps are issued monthly and typically…

The Real Estate Slowdown is Real: Don’t Panic as Buyers Bring Balance

By Seth Fowler / May 29, 2018 /

First of all…R-E-L-A-X.  No, we are not heading toward a recession.  No, the housing market isn’t crumbling.  No, it’s not time to sell your home, stock up on canned beans, ammo, and get off the grid.  But the real estate market is changing … dare we call it a slowdown?

BobMortgage Zone: A 3 Percent Mortgage? It’s Possible

By Joanna England / May 10, 2018 /

More and more people are getting into the market for a new home, but finding a qualifying mortgage product inside their budget can be a challenge. What do you do when you need housing but you’ve not saved enough for a big down payment?  In today’s BobMortgage Zone broadcast, our most-trusted mortgage expert, Bob Johnson…

Dallas Ushers In Its First Comprehensive Housing Policy

By Jon Anderson / May 10, 2018 /

Yesterday morning, the Dallas City Council unanimously approved its first housing policy aimed at addressing affordable housing.  It took a while, but we’ve finally put on our big boy pants.  You may recall back in January the city rolled out a Market Value Analysis that measured housing across Dallas to map the varying levels of…

Affordable Home in DFW for Less than $200K Almost Impossible, Study Finds

By Bethany Erickson / May 8, 2018 /

It’s official — the likelihood of finding an affordable home for less than $200,000 in Dallas-Fort Worth is slim to none, economists with Metrostudy said last week. “While DFW’s strongest price point during the last cycle, below $200,000, is no longer viable, the “new affordable” price bracket, $200,000 to $300,000 grows,” Paige Shipp, regional director…