News Topic: Houston Association of Realtors
News: Houston Association of Realtors implements Down Payment Resource to engage homebuyers with affordable pathways to homeownership
Mortgage and Finance News: (ATLANTA, Ga.) 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.