Real Estate prices for homes, land, and commercial properties have skyrocketed in the last decade. While I, as a home owner, am very happy to have my property value increase so dramatically, I wonder how our children and grandchildren will buy homes. Today, more than ever, it is very difficult for low and moderate-income families to buy homes.
The New Jersey Association of Realtors has formed a Housing Opportunity Foundation to help provide greater opportunities for homeownership for New Jersey residents. The Foundation donates funds to 501 C (3) organizations who provide education by developing public awareness to create affordable home options for residents of the state.
If your state does not have a program currently, perhaps you could contact the Board of Realtors with your concern and suggestions. I’m glad to see that the New Jersey Realtor Association takes a proactive stance to help residents of the Garden State.
Nancy Woodward is an Accountant and Real Estate Professional affiliated with “The Dream Team”. therealestatedir.com/realestate/”>RealEstate |
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