Daily Archives: May 27, 2016

The American Rental Market: Will there be a Change in Affordability?

Posted on by NAWRB
vacancy
27 May

Exponential Growth in Rental Housing Demand
As of mid-2015, 43 million Americans lived in rental housing; representing an increase of almost 9 million since 2005. This raised the number of all American renter households from 31 to 37 percent, the highest it has been since 1960.

The Great Recession brought with it almost 8 million foreclosures, a drop in average household incomes, hiked rents and stringent access to mortgage credit deeming homeownership exceedingly challenging. Even though rents are soaring, people still choose to rent as it affords them more flexibility in financial commitments and does not involve the extra burden of property maintenance which can make a big dent on paychecks.
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Strengthening the Women’s Culture

Posted on by NAWRB
Blog_strengthening copy
27 May

What a profound statement! It is with the same fervor as Madeleine Albright that NAWRB supports other women. Like the first female U.S. Secretary of State, we believe that other women, organizations, companies in the public and private sectors and the government must follow suit. As the Diversity and Inclusion (D&I) movement continues working for equal access to resources, equal representation, equal pay—the list goes on—it is crucial to create unwavering unity among women to advance women’s culture. If this culture is not strengthened, with the many problems burdening women, women will remain too scattered to be truly heard in unison and inspire more commitment from the rest of the country. As we continue working to get this right, there must be adjustments within women’s culture and leadership mindsets to achieve greater growth.

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Women’s Homeownership Initiative (WHI)

Posted on by NAWRB
whi
27 May

Homeownership is a central part of the American dream, for most people, it is the American Dream. Owning a home connotes success and achievement.

As women progress in the workforce and receive the consideration and participation they have earned, it is essential to fortify their growth with strong economic foundations. Why is it important for women to become homeowners? Homeownership provides the financial security to safeguard women’s progress, and paves the way for future generations.

Women continue to face obstacles in their career paths, with a pervasive 27 percent gender wage gap and lack of advancement in hierarchy. This disparity significantly impacts women’s ability to incur savings and secure a home to call their own, as their paychecks don’t travel nearly as far as men’s.
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Growing Your Business to Include an Affluent Global Clientele

Posted on by Stephanie Pfeffer Anton
globalimage
27 May

Is part of your 2016 business plan to attract a more global, affluent clientele? The world is getting smaller and smaller, particularly for those with means who are even more world-wise than previous generations. Therefore, growing your business to target, attract and retain this appealing demographic makes sense. However, it’s not for everyone. Attracting affluent patrons outside of your market can be expensive and difficult, yet extremely lucrative. According to the National Association of Realtors (NAR), foreigners pay on average nearly $500,000 for a house, compared to the national average of $256,000. As you think about expanding your business, knowing how to navigate this world and heeding a few key pieces of advice can make all the difference between notable success and spectacular failure.
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Helping Hand for Homebuyers with Bad Credit

Posted on by NAWRB
Blog_house copy
27 May

A newly introduced bill could significantly alter the way Americans’ credit data is stored, reported and utilized by credit reporting agencies. Yesterday, Representative Maxine Waters, D-CA, introduced the “Comprehensive Consumer Credit Reporting Reform Act of 2016” which aims to transform the American credit reporting system in an attempt to make it “fairer, more accurate, and less confusing for consumers.”

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