The importance of black homeownership The gap between the wealth and homeownership rates of black Americans and white Americans is a daunting one, but the good news is that it’s growing slimmer. In recent years, the black homeownership rate has risen to 44% (that’s as of the first quarter of ...
Start-ups to follow
Buying a home has become simpler and more accessible than ever, thanks to these companies that are digitizing the real estate process in nearly every aspect. No matter your situation or what you need help with, there’s probably a tech start-up that can make it easier for you to buy a home! Here ar...
Couple turns containers to homes and NACA helps
Hoffman Street in East Baltimore, once the bustling home to thousands of Irish and German immigrants, is now riddled with abandoned rowhouses and grassy, vacant lots. But luckily, one Baltimore couple, Pamela and Christian Wilson, will be transforming surplus shipping containers into homes for famil...
Boosting Black Homeownership
In a recent report, the National Association of Realtors found that Wisconsin has the third lowest rate of homeownership among African Americans; as of 2018, only 23% of African Americans in Wisconsin owned homes, a staggering difference from the 71% of white citizens. The Urban League of Greater Wi...
Minority Borrowers Face Barriers to Homeownership
According to a report from the Urban Institute, Black and Hispanic homeowners have more barriers standing in their way than their white counterparts do when it comes to reaping all the benefits of homeownership. The report stated that Hispanic households on average only have around 63% of the e...