{"id":88992,"date":"2023-05-09T07:00:59","date_gmt":"2023-05-09T11:00:59","guid":{"rendered":"https:\/\/www.send2press.com\/wire\/?p=88992"},"modified":"2023-05-08T18:05:08","modified_gmt":"2023-05-08T22:05:08","slug":"houston-association-of-realtors-implements-down-payment-resource-to-engage-homebuyers-with-affordable-pathways-to-homeownership","status":"publish","type":"post","link":"https:\/\/www.send2press.com\/wire\/houston-association-of-realtors-implements-down-payment-resource-to-engage-homebuyers-with-affordable-pathways-to-homeownership\/","title":{"rendered":"Houston Association of Realtors implements Down Payment Resource to engage homebuyers with affordable pathways to homeownership"},"content":{"rendered":"

ATLANTA, Ga., May 9, 2023 (SEND2PRESS NEWSWIRE) \u2014 The Houston Association of REALTORS<\/a>\u00ae (HAR) has implemented Down Payment Resource (DPR)<\/a> to bring Greater Houston area homebuyers\u2019 attention to homebuyer assistance programs in the wake of declining housing affordability. Data indicates that homebuyer assistance programs can be especially impactful in the Greater Houston area, where 89% of listings are eligible for assistance and HAR reports that only 40% of households could afford to buy a home in Q4 2022.<\/p>\n

\"Down
Image Caption: Down Payment Resource.<\/em><\/p>\n

HAR is the second largest local real estate trade association in the nation, supporting more than 49,000 Houston real estate professionals. Notably, the organization has exceptionally strong engagement with Houston residents, evidenced by its multiple listing site\u2019s (MLS) status as the only local website to rank as a top 20 real estate website in the U.S. According to DPR analysis, 70 homebuyer assistance programs are available across HAR listings, including more than 50 down payment assistance programs, as well as numerous affordable first mortgage programs, mortgage credit certificates (MCCs) and combined assistance programs.<\/p>\n

HAR\u2019s MLS integration with DPR enables consumers to search for properties that are eligible for homebuyer assistance, and it prominently flags assistance-eligible listings. The integration also makes it easy for Realtors to learn about homebuyer assistance programs and locate assistance-eligible listings that meet their clients\u2019 needs. Additionally, HAR members have access to DPR\u2019s library of marketing resources, which helps them raise community awareness about homebuyer assistance programs that can make homeownership more affordable.<\/p>\n

\u201cHAR has a longstanding track record of investing in its Realtor members and the communities it serves, which is reflected in its local reputation as a trusted source of housing information,\u201d said DPR Founder and CEO Rob Chrane. \u201cIts production of a Housing and Rental Affordability Index is especially commendable because it exposes the financial burden residents face to obtain housing at the county and city levels. HAR\u2019s commitment to understanding and meeting the needs of its market has guided its partnership with DPR, which has the potential to connect thousands of Houstonians with the stability and wealth-building benefits of homeownership.\u201d<\/p>\n

\u201cHAR strives to equip the community and members with resources that help homebuyers enjoy sustainable homeownership in our hometown,\u201d said HAR Chair Cathy Trevi\u00f1o. \u201cWe are excited to bring affordable homeownership opportunities to light and help more people achieve their dreams of homeownership.\u201d<\/p>\n

About Down Payment Resource:<\/strong><\/p>\n

Down Payment Resource (DPR) is a nationwide database of down payment assistance and affordable lending programs. The company tracks funding status, eligibility rules, benefits and more for approximately 2,200 programs in 11 categories. Its award winning technology helps the housing industry connect more homebuyers to the down payment help they need. DPR has been recognized by Inman News as \u201cMost Innovative New Technology\u201d and the HousingWire Tech100™. DPR is licensed to Multiple Listing Services, Realtor Associations, lenders and housing counselors across the country. DPR\u2019s subscription based service, Down Payment Connect, helps agents and loan officers match buyers to available programs. For more information, please visit https:\/\/downpaymentresource.com\/<\/a> and on Twitter at @DwnPmtResource.<\/p>\n

About Houston Association of Realtors\u00ae:<\/strong><\/p>\n

Founded in 1918, the Houston Association of Realtors\u00ae (HAR) is a 50,000-member organization of real estate professionals engaged in every aspect of the industry, including residential and commercial sales and leasing, appraisal, property management and counseling. It is the largest individual dues-paying membership trade association in Houston as well as the second largest local association\/board of Realtors\u00ae in the United States.<\/p>\n

Twitter: @DwnPmtResource #MLS #Realtor #broker #downpaymentassistance #affordablehousing #housingcrisis #Houston<\/p>\n","protected":false},"excerpt":{"rendered":"

ATLANTA, Ga., May 9, 2023 (SEND2PRESS NEWSWIRE) — The Houston Association of REALTORS® (HAR) has implemented Down Payment Resource (DPR) to bring Greater Houston area homebuyers’ attention to homebuyer assistance programs in the wake of declining housing affordability. Data indicates that homebuyer assistance programs can be especially impactful in the Greater Houston area, where 89% of listings are eligible for assistance and HAR reports that only 40% of households could afford to buy a home in Q4 2022.<\/p>\n","protected":false},"author":9225,"featured_media":80097,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[39,12804,124,1,38,123,72,216],"tags":[205,17587,19013,15116],"class_list":["post-88992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-news","category-ap","category-atlanta-news","category-business-news","category-finance-news","category-georgia-news","category-houston-news","category-real-estate-news","tag-depthpr","tag-homebuyer-assistance-programs","tag-houston-association-of-realtors","tag-houston-real-estate","has-post-title","has-post-date","no-post-category","no-post-tag","no-post-comment","has-post-author"],"acf":[],"views":4113,"_links":{"self":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/88992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/users\/9225"}],"replies":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/comments?post=88992"}],"version-history":[{"count":0,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/posts\/88992\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media\/80097"}],"wp:attachment":[{"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/media?parent=88992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/categories?post=88992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.send2press.com\/wire\/wp-json\/wp\/v2\/tags?post=88992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}