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Solar-Power Benefits Aren’t Reaching Communities of Color
By Amal Ahmed A new study in Nature Sustainability finds racial and ethnic disparities in rooftop solar adoption, even controlling for income and homeownership. One of the fundamental drivers of the...
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Single-Family Subsidies Are Needed Outside Hot Markets
By Carey Shea There isn’t a tax credit program available to spur investment in single-family residential neighborhoods, but an alliance of national real estate, housing, community development, lending,...
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How the New Deal Hardened Racial Wealth and Homeownership Inequities
By Rob Meiksins and Steve Dubb “Young couple moving in at Homesteads built as part of the New Deal housing and work programs. Newport News, Virginia, 1937,” Britt Fuller February 22, 2019; Real...
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The ‘heartbreaking’ decrease in black homeownership
By Troy McMullen Racism and rollbacks in government policies are taking their toll. Vanessa Bulnes and her husband, Richard, bought their house on 104th Avenue in East Oakland, Calif., in 1992. The...
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It turns out Americans weren’t ready to become a nation of renters....
By Andrew Van Dam Fast-rising rents coincided with a surprising rise in homeownership among younger buyers. Above, luxury apartments being built in the District before the rebound in homeownership....
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In A Majority-Black City, Mortgages Go Disproportionately To Whites
Mayor Mike Duggan was happy enough about the city’s rising homeownership rate that he mentioned it in his State of the City address. Poor housing stock still is a problem in Detroit. Today, John...
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African American homeownership rates on the decline in southeast Michigan as...
By: Gina Joseph Willie Davis, a real estate agent with RE/MAX Eclipse in Troy stands in front of a home in Mount Clemens that he will be listing soon.By Gina Joseph gjoseph@medianewsgroup.com and...
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How black residents of Long Beach fought racist real estate policies and...
By: Brian Addison “I can sympathize and empathize with the frustration, dismay and disappointment experienced in unsuccessful attempts to acquire housing in the bigoted ‘International City’ of Long...
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Conditions are good so why is Black homeownership falling?
By Steve Randall The US economy is robust and the labor market is strong, so why is the Black homeownership rate still falling? That’s a question addressed in a new report from the National Association...
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For many black millennials, student debt is biggest hurdle in homeownership
By Troy McMullen Not long after they were married in 2017, Rick and Astardii Hopkins started shopping for a home. Realtor Mishaè Dickerson, left, shows a home to Astardii and Rick Hopkins in...
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Kansas residents are looking back to move community forward
KANSAS CITY, Mo. (AP) — Bernard Crawford grew up on Quindaro during the 1970s. He remembers thriving businesses: bakeries, grocery stores and theaters. He left for school but has come back to be what...
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Despite a Strong Economy, Black Homeownership Continues to Struggle
By: Marie Cyprien A new report called State of Housing in Black America released by the National Association of Real Estate Brokers shows that not only is the rate of black homeownership decreasing,...
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FHA capital level is the highest since 2007
By Kathleen Howley Montgomery on cutting life-of-loan policy: “We’re not there yet” FHA Loan Federal Housing Administration Lending Concept The Federal Housing Administration’s flagship Mutual Mortgage...
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Long Island Divided: An Investigation by Newsday
After a 3-year investigation with over 90 real estate agents tested, over 200 hours of meetings recorded, and over 5700 house listings analyzed, the Newsday investigation uncovered widespread evidence...
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Against Black Homeownership
By Keeanga-Yamahtta Taylor Excited New Home Owners — Image by © David P. Hall/Corbis The real estate market is so structured by race that black families will never come out ahead. In January 1973,...
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Why Owning a Home Is Important
By Mike Grundon Owning a home is more than just hype; it’s the gateway to long-term and short-term financial success. Long-term, you’ll build an equity nest egg and short-term, you’ll be able to enjoy...
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What Happens When Black People Search for Suburban Homes
By Luis Ferré-Sadurní An undercover investigation on Long Island found that real estate agents treated people of color unequally 40 percent of the time. A pedestrian crosses Front Street, in Rockville...
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8 Reasons to Buy a Home
By Elizabeth Weintraub If you’re like most first-time home buyers, you’ve probably listened to friends’, family’s and coworkers’ advice, many of whom are encouraging you to buy a home. However, you may...
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FHA’s strong financial showing points the way on policy
By Anthony Kellum Last month HUD published its annual FHA Actuarial Report. The report shows extremely strong financial performance — with reserves against losses of $62 billion and an economic net...
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Although Jobs Report Shows Robust Job Market, African Americans Still Face...
By Derek T.Dingle The prognosticators were wrong. Forecasts from ADP and Moody’s Analytics early last week revealed that the job market was slowing due to a private payrolls report showing a gain...
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