Benefits of the GSFA Platinum Program to Homebuyers
Have you heard about the Platinum Program by the Golden State Finance Authority (GSFA)? If not, this article will highlight everything the program does to help homebuyers. GSFA is a public entity that has been providing financial assistance programs to help California homebuyers and homeowners since 1993. Under the agency are several affordable housing programs, […]
All You Need to Know About Down Payment Assistance
A recent study by the Urban Institute and the Board of Governance of the Fed revealed that 50% of renters choose to rent over buying a home due to their inability to come up with their own down payment to buy a house. This is arguably understandable since when it comes to putting a down […]
Mortgage Relief Refinance Programs Available in 2020
As the implementation of the new Refi fee nears, you might be wondering if there are any mortgage relief refinance programs at your disposal this year. The answer is yes; indeed, there are programs you should try. Most people are only aware of the popular relief programs such as the Home Affordable Refinance Program (HARP), […]
Orlando Real Estate Market Update
With Adriana Montes It’s always a good time to talk about real estate, especially now with the mortgage rates so low and housing market activity booming everywhere. In the general housing market, inventory remains low, prices are skyrocketing, while the demand is insatiable. The most recent The Power Is Now Market Update show on our […]
Most Older Adults Do Not Reside in Livable Communities, Report Finds
The older adult population is rapidly growing in the U.S., calling for a need to create livable and age-friendly neighborhoods and communities suitable for people of all ages. Older adults are supposed to receive ultimate care from their families and the government at large. They’re supposed to reside in comfortable places where they can enjoy […]
Closing the Language Barrier for Spanish-Speaking Realtors
Language barrier has been a long-standing challenge in the real estate market, especially with the Spanish-speaking community’s growing diversity. Communication plays a significant role in the smooth running of all business operations, including in the real estate market. This calls for the need to cross the language barrier through all means possible. Regarding this, the […]
Minority Households Suffer More Pain from the Recession in the U.S
The recent months, especially since the onset of the COVID-19 pandemic in the U.S, have had a lot of housing-related advocacy and intervention from various groups. One of the interventions that had a significant impact was the moratorium signed to ban eviction and foreclosure at local and national levels. According to a report from Urban […]
September 2020 Pending Home Sales Report
The National Association of Realtors (NAR) recently released a pending home sales report recorded in September. From the report, pending home sales pace experienced a minor decline in September after four consecutive months of contracting activity growth. Moreover, all four major U.S. regions showed notable year-over-year growth, while only the Northeast region attained month-over-month gain […]
State of the Commercial Real Estate Market in the Pandemic Economy
With Steve Peterson Like the general real estate market, the commercial real estate market has been through its extreme records in 2020. At The Power Is now, we continue to lead the conversation about real estate for home ownership, wealth building, and financial literacy for all. Regarding this, we bring you the newest show on […]
November 2020 Mortgage Forecast
The 2020 mortgage market and the real estate market, in general, has been very interesting so far. Its level of uncertainty is something we have never seen before. So far, mortgage rates have hit all-time low 11 times this year alone. And with the countdown of the general election almost over, we don’t know what […]