Buying a home in the spring requires financial preparation, including a mortgage pre-qualification and a strong offer, and there are numerous resources available to help make informed decisions.
Category: Real Estate
Posted inGovernor Wes Moore
Gov. Moore signs renter rights and housing affordability legislation into law
Gov. Wes Moore (D-MD) made housing affordability and access a priority during the 2024 Maryland legislative session, signing three bills to address the issue and prevent politically motivated book bans.
Posted inBUSINESS, Celebrating Women's History Month, COMMUNITY, Education, Money, National News, Real Estate, Tech, Technology
Empowering Women in Commercial Real Estate: The Role of CREWBaltimore in Driving Change and Your Opportunity for Growth”
CREWBaltimore is a local chapter of CREW Network, an organization dedicated to accelerating success for women in the commercial real estate industry globally, through programs that educate women and girls about the career opportunities available to them and provide mentoring for those new to, and currently in, the industry.
Posted inCOMMUNITY
Housing for Everyone grant to deploy $7 million to affordable housing initiatives
By Megan SaylesAFRO Business Writermsayles@afro.com The TD Charitable Foundation is awarding $7 million in grants to nonprofits addressing the affordable housing crisis across TD Bank’s Maine-to-Florida footprint and Michigan. This year, the Housing for Everyone grant program is targeting organizations that support marginalized communities members with rapid re-housing, permanent supportive housing and transitional housing. Applications […]
Posted inWord In Black
The State of Black homeownership is difficult but promising
Black homeowners and prospective buyers faced serious headwinds in 2023, but 2024 and beyond could provide hope. By Bria OversWord in Black “Challenging.” That is how Courtney Johnson Rose describes the state of housing in Black America in 2023. Rose is the president of the National Association of Real Estate Brokers (NAREB), a minority professional […]
Posted inGovernor Wes Moore
Governor Moore announces ‘UPLIFT’ to accelerate homeownership in historically redlined communities
By Megan Sayles AFRO Business Writermsayles@afro.com Maryland residents living in historically redlined communities may now get a new chance at homeownership, thanks to a new program announced by Gov. Wes Moore on Dec. 4. Managed by the Maryland Department of Housing and Community Development (DHCD), Utilizing Progressive Lending Investments to Finance Transformation (UPLIFT) will tackle appraisal […]
Posted inBUSINESS
Realtors Row: Black realtors weigh in on why they joined the industry
By Megan Sayles, AFRO Business Writer, Report for America Corps Member, msayles@afro.com and Fatiha Belfakir, Special to the AFRO The real estate industry is an ever-growing industry. While selling and buying properties can bring stability and prosperity, the process can be challenging at times. Understanding and the education about house markets, states’ programs, and banks’ […]
Posted inBUSINESS
Black-woman owned ‘cornerstone brokerage’ emerges
The Home Team (THT) Realty Group CEO and Owner Wyevetra Jordan aims to be a one stop shop in the community housing needs. (Courtesy photo) By Demetrius Dillard Special to the AFRO Of the many real estate brokerages in the U.S., a very small percentage are Black-owned. An even smaller percentage are Black-woman owned. Not […]
Posted inBUSINESS
Black woman owned brokerage puts ‘collaboration over competition
Tiffany Harris, left, and Brandi Hawkins launched Harris Hawkins & Co., a Black woman owned boutique brokerage in Baltimore City, at the start of the coronavirus pandemic. (Photos by George Tarrant) By Michelle Richardson Special to the AFRO Owning a home is a part of the American dream, but the founders of Harris-Hawkins & Co. […]
Posted inReal Estate
PGCAR reports record home sales for end of 2020
By AFRO Staff While unemployment and financial crises have plagued much of the country and world due to the COVID-19 pandemic, the Prince George’s County Association of REALTORS (PGCAR) reported that 2020 ended with the highest December home sales in over 10 years. “We are thrilled Prince George’s County home sales continue to break records. […]
Posted inNational News, Real Estate
The Next Step in Home Buying
You have determined that you want to purchase a home. You have completed the first and most important step: getting preapproved for a mortgage by a Mortgage company or the mortgage department of a lender. What is the next step? You will need a good agent or broker to work with you. You can attempt […]
Posted inNational News, Real Estate
Is Now a Good Time to Buy A Home?
Michael Cassell The question, “Is now a good time to buy a home?” has only one real and honest answer. It depends. Among other things; it depends on you, your credit rating, income, funds available, how long you intend to live in the area, and a host of other considerations. Most authorities consider buying a […]