1 Overlooked Key to Home Affordability
Plus, 3 steps real estate agents can take to make a big difference in housing affordability & 3 surprises of 2023 that influenced (un)affordability and should be on every pros radar for 2024.
Happy December, fellow DECODERS!
[Sidebar: What’s a DECODER? Click here.]
Despite rising unaffordability, we in the “real estate biz” know that homeownership is still a fantastic way to build generational wealth!
Speaking of the devil (rising unaffordability), do you know these “3 steps real estate agents can take to make a big difference in housing affordability” to help make homeownership more attainable?
Check out today’s HousingWire feature (click here) and I hope you will add these 3 steps to your 2024 vision board and/or New Year resolutions (if you are into those):
As we start 2024, please remember we have an opportunity to decode and interrupt UN-fair housing when it tries to rear its ugly head.
ICYMI
National Association of REALTORS© YPN feature — 3 Surprises of 2023 That Influenced (Un)Affordability and Should Be on Every Real Estate Pros Radar for 2024: click here to read more.
ERASE Racism's Affordable and Inclusive Housing Tool (AIHT) — “An interactive dashboard that utilizes over 30 fair housing variables to guide affordable and fair housing work on Long Island and across New York State. The AIHT can be used to:
Identify high-opportunity areas- prime locations for the placement of affordable housing
Identify low-opportunity areas that should receive more investments to improve local resources
Measure racial segregation throughout the state, and
Retrieve information on existing subsidized and multifamily housing.
CBS News — “Bill outlawing home appraisal bias passes in Prince George's County”: click here to read more.
Inman News feature — Beyond Intent: Why We Get This Wrong About Unfair Housing And What to Do About It: click here to read