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 first-time home buyer


Black lawmakers continue push to assist descendants of slaves in California

Los Angeles Times

The California Legislative Black Caucus on Thursday proposed a package of reparations for the descendants of African Americans who were enslaved in the United States, proposals that include preferences for public university admissions and financial assistance for first-time home buyers. The package contains 15 bills in what caucus members said will be a multiyear effort to repair the generational harms and discrimination suffered by the descendants of slaves in California. In 2020, Gov. Gavin Newsom and California lawmakers formed a "first in the nation" state task force to study and propose remedies for the legacy of slavery. During the end of the legislative session last year, reform advocates were frustrated that the legislature, which was limited by a tight state budget and a high-stakes election year, passed only 10 of the 14 bills prioritized by the Legislative Black Caucus. "We are picking up where we left off last year," said Assemblymember Lori Wilson (D-Suisun City) at a press conference Thursday morning.


How Artificial Intelligence is Affecting First-Time Home Buyers

#artificialintelligence

Technology allows us to take new approaches to old problems, and these approaches are faster, easier, and yield better results. This is as true in the real estate industry as any other – in a realm where buying and selling homes used to require lots of hard work, innovations like the internet, artificial intelligence, and mobile computing have made the process much less strenuous than it was in the past. One of the newest technological breakthroughs, both in the real estate sector and beyond, is the use of artificial intelligence. AI has absolutely revolutionized many processes associated with buying and selling homes, and as a result, first-time home buyers are reaping the benefits in a major way. Let's take a look at how AI potentially affects first-time home buyers for the better.