Balance Homes rolls out co-ownership program across 12 states

Balance Homes announced on Thursday that it has expanded its home co-ownership program to 12 states, doubling its geographic footprint following a relaunch earlier this year backed by a $30 million investment led by Falco Group. The program is now available in Alabama, Florida, Georgia, Indiana, Kentucky, Minnesota, Missouri, North Carolina, Ohio, South Carolina, Tennessee and Texas. The company plans to expand into at least 25 states by the end of 2026 or early 2027, CEO Aamer Abdullah said in an interview with HousingWire. Balance Homes is already working to launch in two additional states, Abdullah confirmed. “Some of it is just a process where it makes sense because of their geographical adjacency, and so there’s natural spillage from our marketing,” Abdullah said about the expansion into more states. “In addition, we want to make sure that we’re aligned with how each state views residential housing and financial products associated with residential housing in their state.” The expansion comes as many homeowners hold significant equity but lack sufficient cash to cover unexpected expenses. Balance Homes cited ATTOM‘s second-quarter 2026 U.S. Home Equity and Underwater Report, w...