The Washington Informer held a listening session to discuss the challenges of homeownership in the DMV, including gentrification, the impact of online booking companies on the rental market, and the loss of generational wealth due to quick sells to real estate flippers.

The post Thriving In Black Homeownership Takes Collective Works  appeared first on The Washington Informer.

The Washington Informer has provided a guide to inspire, educate and steer readers in the direction of property ownership, offering insights on foreclosure prevention, investing in community land trusts, condo buying, and more, to help DMV residents create long-term stability and intergenerational wealth.

The post Knowledge is Power: Tools for Today’s Housing Market appeared first on The Washington Informer.

The Trump administration's transition from a Biden-Harris administration that advocated for affordable housing and housing equality has led to the elimination of the AFFH policy and proposed budget cuts to HUD, but housing experts advise homebuyers and homeowners not to be deterred and to stay informed and prepared.

The post Current Administration’s Tariffs, Experts Agree There’s Never a Perfect Time to Buy Property appeared first on The Washington Informer.

Estate planning is a crucial step for homeowners to protect their investment and ensure generational wealth, and it is not just for the wealthy, as it can be done at a variety of price points and through various programs.

The post Securing and Protecting Your Bag: Estate Planning Critical to Owning a Home appeared first on The Washington Informer.

Community land trusts, such as the Douglass Community Land Trust in Washington, D.C., offer a sustainable and equitable alternative to homeownership, allowing residents to purchase affordable homes while retaining ownership of the land, and providing a sense of control and decision-making in their community.

The post Douglass Community Land Trust Carries on Tradition of Equity Sharing, Homeownership appeared first on The Washington Informer.

Homeowners facing foreclosure in the DMV can seek help through community events, mediation programs, and housing counseling services to find a solution that allows them to keep their homes.

The post Foreclosure Prevention Services Help Homeowners Navigate a Potential Crisis appeared first on The Washington Informer.

Before buying a home, it's important to have a home inspection done to ensure the property is safe and free from hidden threats like radon, lead, and mold, and to educate yourself on how to reduce exposure and negotiate with the seller to offset costs of remediation.

The post A Healthy Home Is a Strong Foundation: Key Inspection Tips for Smart Buyers appeared first on The Washington Informer.

The Department of Housing and Community Development (DHCD) is promoting homeownership in the District of Columbia through programs such as the Home Purchase Assistance Program (HPAP), Single-Family Residential Rehabilitation Program (SFRRP), and Heirs Property Assistance Program to help first-time buyers, current homeowners, and heirs of deceased homeowners to achieve long-term economic stability.

The post The DC Department of Housing and Community Development (DHCD) Celebrates National Homeownership Month appeared first on The Washington Informer.

Water damage is not covered by standard homeowner's insurance policies, but flood insurance is available through the NFIP and private insurers, and it is important to prepare for flooding by knowing your risk, preparing your home, and ensuring you have sufficient insurance coverage.

The post Flood Insurance Basics appeared first on The Washington Informer.

Working with a HUD-certified, nonprofit housing counselor can help first-time homebuyers navigate the complex process of buying a home, reduce stress, and improve their chances of being approved for a mortgage loan.

The post A HUD-Certified, Nonprofit Housing Counselor: A Homebuyer’s Secret Weapon appeared first on The Washington Informer.