Chenoa Fund Blog

The National Association of Realtors (NAR) recently published their 2022 Home Buyer and Seller Generational Trends Report. Here are some highlights and tips to help you make the most out of the evolving home market. Millennials make up 43% of homebuyers. That’s right, almost half of the current market belongs to millennials at the moment, … Continue reading "Realtor Tips to Help Homebuyers Find Affordable Homeownership"

Minority homeownership has been a trending topic in the mortgage industry for some time now. Two factors play a large role in this: wealth inequality and intergenerational wealth. These topics rise to the top because it is generally believed that improving homeownership rates will help to reduce wealth inequality between racial groups and grow intergenerational … Continue reading "How Lenders and Realtors Can Increase Minority Homeownership"

Rates are rising. Home prices are skyrocketing. Rent is blowing up. Inflation is tightening the budget of nearly everyone in the USA. Homebuyers are still out there, looking for a great deal, but the deluge of yesteryear has come and gone, leaving some lenders and realtors scrambling to snap up the buyers on the market. … Continue reading "Tips for Lenders and Realtors to Discover New Homebuyer Opportunities"

Many loan officers came surfing into the first quarter of 2021 on a tidal wave of refinances that seemed unstoppable. Now, many find themselves tumbling to a halt as the tide ebbs just as quickly as it initially surged in. Sure, there’s still a market for refinancing, but many mortgage companies and loan officers are … Continue reading "Overcoming Lender Challenges: The Latest New Normal Obstacles"