Zillow Finds Remote Work Could Help Black Renters Become Homeowners
The rapid rise in pandemic-driven telework could make first-time homeownership most broadly accessible to black renters compared to other renters, based on factors including income, the makeup of local industries, geography and more, a November Zillow analysis suggests. Zillow research found that, of the nearly 2 million U.S. renters who are able to take advantage of heightened telework options and could afford monthly payments on homes in less-expensive areas outside of their current metros, Black renters benefit far more than other renters. In large metro areas where typical starter
Property is Power: Should You Refinance or Sell?
By Anthony O. Kellum The ongoing question…Should I refinance or sell? Everywhere you look you see, advertisements suggesting: “Lock in the rate!” “Refinance now and save!” Before you know it, you are asking yourself “Should I refinance?” That is a great question and we will explore what the hype is all about as it relates to refinancing. The answer usually comes down to two basic facts. Budget: Avoid accumulating debt as a result of a loan Lifestyle: Downsize living space or access your home equity Whether you ought to refinance