News

Governor Jerry Brown today released his proposed Budget Summary for 2017-18 which includes the Governor's goals and objectives for the forthcoming year and highlights significant issues, policies, and initiatives.

This proposed Budget confirms the Governor's resolve to work with the Legislature to ...

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January 05, 2017 by Lenny Mendonca and Pete Weber

No one is coming to the rescue to solve California’s housing crisis. So let’s do it ourselves.

The first signs appeared years ago, in our own neighborhoods, when we noticed just how many grown kids and grandkids were still living in their par...

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Inland Empire economic growth outpaces state but challenges remain

 
FILE PHOTO
QVC’s warehouse facility in Ontario is expected to bring in 500 jobs by 2018 and 500 more by 2020.FILE PHOTO QVC’s warehouse facility in Ontario is expected to bring in 500 jobs by 2018 and 500 more by 2020. 

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HUD No. 16-185
Brian Sullivan
(202) 708-0685
FOR RELEASE
Thursday
December 1, 2016
 

 

FHA LOAN LIMITS TO RISE IN 2017
 

WASHINGTON - The Federal Housing Administration (FHA) today announced the agency's new schedule of loan limits, and due to an increase in housing prices, most areas in the ...

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One of the biggest obstacles to homeownership is often the down payment. If you want to purchase a home, but are struggling with this issue, follow these five tips from Down Payment Resource, a trusted partner with the Greater Lansing Association of REALTORS, to help get the funding you need.

Autom...

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First-Time Home Buyers: Start Here

So, you're buying a house. Or, at least, you're thinking about buying a house.

That's excellent news. Homeownership is a terrific way to create stability in your life, and to start building wealth for your future.

But, it's also an emotional time, and one which ...

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Is the generation that rented its way through the recession ready for homeownership? Some builders think so and are beginning to explore ways to capitalize on pent-up demand. But turning the youngest Gen-Xers and the oldest millennials into homebuyers won’t happen overnight.

Additionally, it’s ...

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There’s something interesting and important going on in the mortgage market today: borrowers who took out mortgages in the past five years have rarely defaulted, making them better at paying their mortgages than any other group of mortgage borrowers in history. 

This is happening for two main re...

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It’s never too early to start planning for retirement, and no matter how old you are, there are steps you can take now to prepare your finances for the kind of retirement you’d like to have.

In your 20s and 30s

If you’re in your 20s and 30s, a lot can change between now and your retirement y...

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Dive Brief:

  • Realtor.com released its rankings Thursday of the 20 hottest real estate markets for August, and California still dominates the list. Similar to its findings in July, the real estate site said the pace of this month's sales were the fastest the market has seen in a decade.
  • Year over y...

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The U.S. needs more affordable housing. A lot more. Between 2001 and 2013 the country lost 2.4 million rental housing units (both market-rate and subsidized) that were affordable to people making less than 50 percent of area median income. Building more units will help, but preserving existing af...

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Dive Insight: 

Last month, a joint NAR/SALT/American Student Assistance survey found that 71% of those who carried student loan debt considered it a barrier to homeownership. More than 50% of those surveyed responded that the financial burden of student loans would keep them out of the homebuyin...

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Pam Bailey, NeighborWorks blogger | 7/8/2016 4:34:29 PM

 

Children paint a mural in Hopewell, Virginia


Art creates community and community creates change. – Groundswell, New York City

When reviewing the work of the 11 organizations selected to receive NeighborWorks America’s Catalytic...

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NEWS RELEASE

FOR IMMEDIATE RELEASE                                               CONTACT:    Gabriela Torres

                                                                  ...

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Neighborhood Housing Services of the Inland Empire helps residents get the information and assistance they need to buy their own homes or keep the ones they are in.

The ideal result is stronger communities.

Neighborhood Housing Services of the Inland Empire was founded in 1981 by World War II vete...

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Over 120 cities and counties in California have a climate action plan either completed or in the pipeline.  As cities develop these plans and initiatives to address climate change, it is important to emphasize that social equity is integrated within environmental policies. The vulnerabilities, re...

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NeighborWorks America has teamed up with Wells Fargo to offer residents of more than forty communities down payment grants via its newly created Neighborhood LIFT program. To date, more than 11,000 homeowners have been provided with down payment assistance.

Wells Fargo said it’s now planning an e...

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Despite the financial burdens and other obstacles millennials face, they are eager to use life experiences to pursue financial independence. The impact of the Great Recession, combined with insights from their parents, play a significant role in how millennials manage their own financial lives, acco...

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Dive Brief:

  • Housing experts surveyed by Zillow expect home-price appreciation to slow to an annual rate of 3% by October 2017, compared to typical year-over-year increases of more than 5% in major U.S. cities and nationally.

  • In a report this week, the real estate listing website noted that t...

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