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[1] [2] [3] For example, an HUD Housing Market Practice survey found that African Americans felt discriminated against in the renting and/or buying process of housing. [1] Institutional factors, such as realtor agencies withholding housing information or financial institutions denying mortgages, further perpetuate the effects of the dual ...
A real estate appraisal is the valuation of a property in the current housing market. The valuation of property depends heavily on the location of the home and the condition it is found in. In recent research, there has been a constant price devaluing of Black homes and neighborhoods in comparison to non-Black homes and neighborhoods.
These include shortage and affordability crises as well as financial crises related to the real estate sector. [1] Following the first definition, the term "housing crisis" or "affordability crisis" is currently used in the United States and other countries to refer to widespread shortages of housing in certain regions where people want to live.
Last month, housing contract activity rose in all regions of the country except for the Northeast. The South saw the largest month-over-month increase, improving 5.2% from October and 8.5% from a ...
Housing affordability is a major problem in America. Home prices spiked during Covid-19 and then the Fed’s war on inflation sent mortgage rates surging. The one-two punch has made it a ...
There’s good news in the housing market to close out 2024: There’s a lot more supply on the housing market. The bad news: A lot of that supply is stale, sitting unsold for much longer than usual.
Uniform Physical Condition Standards (UPCS) is the name used to refer to a set of standards used by inspectors working for the United States Department of Housing and Urban Development (HUD) and the Real Estate Assessment Center (REAC) to assess the physical condition of public housing units and housing units which are insured by or assisted under various programs of HUD. [1]
The Rental Assistance Demonstration is a federal housing program that was enacted as part of the Consolidated and Further Continuing Appropriations Act, 2012, [1] and is administered by the U.S. Department of Housing & Urban Development (HUD). Broadly, the purpose of the Rental Assistance Demonstration (or RAD) is to provide a set of tools to ...