As housing affordability remains a challenge, HAR is helping make homeownership more attainable by launching a new down payment assistance tool. HAR has partnered with Down Payment Resource (DPR) to display down payment assistance programs on more than 165,000 listings across Texas on HAR.com.

DPR matches eligible homebuyers with down payment assistance programs for which they may qualify. HAR members can utilize DPR to help clients find programs that can help save on down payment and closing costs so they can afford their dream home.

More than 84 percent of listings in the HAR MLS are eligible for at least one of 2,000 homebuyer assistance programs. There are additional incentives for veterans, active military, law enforcement, firefighters, healthcare workers and educators.

To find programs that are available in a particular neighborhood or address, click HERE.

DPR is a great resource for members and consumers as the housing affordability gap widens, according to HAR’s Housing and Rental Affordability Reports for the fourth quarter of 2022 that was released today.

The Q4-2022 report has been posted in the HAR Newsroom. Please click HERE to read the release. It will be distributed to the media today, so it will likely be reported in newspapers and on TV, radio, and the Internet over the next few days. The Q1-2023 report is scheduled to be released on Tuesday, May 9, 2023.

Thank you for your continued membership in the Houston Association of REALTORS^®.