According to a new study from Harvard's Joint Center for Housing Studies, research highlighted how home values in majority-white neighborhoods have risen much faster than those in neighborhoods of color, as common trends in lower-income neighborhoods such as gentrification and displacement persist.
Read More »Homes Owned by Black Families Appreciated Fastest During Pandemic
According to a new Zillow report, Black Americans' housing wealth has made strides, as the gap between the value of the typical Black-owned home and the typical U.S. home is the smallest it's been in the past two decades.
Read More »Op-Ed: Respect the Black Dollar
Tai Christensen of Arrive Home explains why now is the time for the Black community to shift their spending and invest in the American dream of homeownership.
Read More »Report Examines Barriers Standing in the Way of Black Homeownership
βIt is the sacred duty of community leaders, policy makers, and financial industry specialists to lift communities so that all children can thrive and grow up with opportunities for good health, wealth, and happiness in their lives,β said NAREB President Lydia Pope.
Read More »Higher Interest Rates Spell Disaster for Racial Housing Gaps
According to Urban Institute authors Michael Neal and Daniel Pang, the current environment of rising interest rates has important implications for the wealth gap between white and Black ...
Read More »BofA Launches Program to Help Clear Hurdles for Minority Homeowners
Bank of America announced its Community Affordable Loan Solution, as a new Special Purpose Credit Program that introduces zero down payment, zero closing cost mortgage solution for first-time ...
Read More »Making Homeownership Attainable for Everyone
As the industry continues to make major headway on the D&I front, American Mortgage Diversity Council Chair Tai Christensen shares her perspective as the nation celebrates the importance of Juneteenth.
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