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The Future of Home Ownership: Overcoming the Challenges First-Time Buyers Face

Posted at 3:18 PM, May 31, 2022
and last updated 2022-05-31 15:18:12-04

 The housing market has been booming. Since 2019, home prices rose nearly 30% and a typical home is about $80,000 more expensive than pre-pandemic. Fewer options for homebuyers are leading to multiple offers and increased competition in the housing market and in some cases closing the door on home ownership for a large section of the population.

This has left many potential customers wondering how they can get on the economic path to home ownership and access to the housing market. Now a new program is available here in (city) that offers those who wouldn’t qualify for a mortgage to first rent at below market rates with an option to buy as their financial conditions improve.

Home Partners of America has a mission to provide people who would otherwise be locked out of the traditional single-family housing market a new path to homeownership.

Home Partners of America has launched the, one-of-a-kind, Choice Lease program aimed at addressing the affordable housing crisis and mortgage access challenges, that are faced by low-to-moderate-income families and underrepresented communities. It’s part of their mission to provide people who would otherwise be locked out of the traditional single-family housing market a new path to homeownership.

For more information visit homepartners.com

Tampa Bay's Morning Blend

9:57 PM, Oct 16, 2018

Tampa Bay’s Morning Blend is an original, local lifestyle show focused on providing our audience with informative, useful and entertaining content. It features a variety of community organizations, businesses and happenings in the Bay area. It is a marketing-friendly program dedicated to offering businesses the opportunity to showcase their company/products, reach potential customers and gain results.

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