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NJ Spotlight News | Newark families win housing lottery, get keys to homes | Season 2021

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The goal is to transform all city-owned blighted properties.
The video from PBS, titled "Homeownership," discusses the challenges and considerations of buying a home in the current economic climate. It highlights the impact of rising interest rates and home prices on potential buyers, making homeownership more difficult, especially for first-time buyers. The video features insights from real estate experts and financial advisors who provide tips on navigating the housing market, such as improving credit scores, saving for a larger down payment, and exploring different mortgage options. Additionally, it touches on the importance of understanding one's financial situation and long-term goals before committing to a home purchase, emphasizing that homeownership is a significant investment that requires careful planning and consideration.

Read the Full PBS Article at:
[ https://www.pbs.org/video/homeownership-1626894772/ ]