U.S. Diversity Push For Lawyers, Agents To Tackle Housing Crisis
Former non-profit worker Christine Hernandez had never considered becoming a housing attorney, but after 2015, when she got priced out of her home in Oakland, California, she thought a lot about the issue. Over the next five years, Hernandez and her family went through a period of unstable housing, including nearly three years squatting. Then, last […]
New Financing Concepts Seek To Ease Housing Woes
Financial institutions have been urged to adopt housing micro-finance as a response to growing housing needs. This is according to a habitat for Humanity case study, Building the Business Case for Housing Micro-finance in Sub-Saharan Africa, released last week. Habitat for Humanity argues that housing micro-finance, small non-mortgage backed loans for short terms, can become […]
Nigeria’s Own Fannie Mae Sets Out to Double Mortgage Loans
After suffering through an economic contraction that restrained demand for housing loans in Africa’s most-populous country, Nigeria’s state-backed mortgage guarantor is anticipating that a return to growth will help double its nascent asset base. Set up four years ago to mimic the U.S.’s Fannie Mae, Nigeria Mortgage Refinance Co., or NMRC, seeks to deepen the […]
Lagos Partners Firm To Build 2,000 Houses
The Lagos State Government says it has signed a Memorandum of Understanding with a firm, Echostone Development Nigeria Limited, to build 2,000 housing units in three locations in the state. A statement from the Lagos State Ministry of Housing on Thursday said the MoU was signed at the ministry’s office in Alausa, Ikeja. The Commissioner […]
Housing Getting Worse In Swedish Market
Sweden’s housing slump deepened last month as the market struggles to absorb a supply glut and households lose confidence. Nationwide apartment prices declined a monthly 3 percent in November, adding to October’s 1 percent drop, according to data from Svensk Maklarstatistik AB. House prices fell 1 percent in the month, after being unchanged in October. The […]
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Iyanuoluwa Isinkaye: 