The typical African American family could afford just 25 percent of the homes for sale last year, down from 39 percent in 2012, according to a new Redfin study.
Source: Inman News
It’s getting even harder for African American families to afford homes
Published in african-american, black homeownership, Darryl Fairweather, Data, homeownership, Listings, Markets & Economy, Redfin, Uncategorized and wealth inequality
More from black homeownershipMore posts in black homeownership »
- Black households led first-time homebuyer market in 2024
- Mortgage access for Black buyers blamed for widening ownership gap
- The new redlining: Paying a buyer agent is just part of the challenge
- Dr. Shani Mott spent her last days fighting for housing equality
- To promote Black homeownership, amplify Black Realtors
More from Darryl FairweatherMore posts in Darryl Fairweather »
More from DataMore posts in Data »
- Blueprint launches new subscription research platform for commercial executives
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
- Modest gains help agents see path to recovery: Client Pipeline Tracker
- Why is Midwest real estate beating the rest of the country?
- US home prices see modest annual gains, but lag behind inflation
More from homeownershipMore posts in homeownership »
- How Charlie Kirk’s assassination could impact real estate
- NAR CEO Nykia Wright: ‘We’re trying to outrun irrelevance’
- ‘Is it cheaper to rent or buy today?’ How to answer that question
- The American homeownership dream is primed for a comeback
- Single-family rentals continue to grow as a desirable asset class
More from ListingsMore posts in Listings »
- How a 2008 bankruptcy fueled a top team leader’s comeback
- Buyer’s market now in doubt as new listings tank 7.3%
- 10 hot strategies to help sell your listings this fall
- 3 unconventional ways to make open houses work harder for you
- As homebuyers gain leverage, sellers get cold feet. Is it happening near you?
More from Markets & EconomyMore posts in Markets & Economy »
More from RedfinMore posts in Redfin »
- Here’s what comes next in the Compass-Anywhere deal
- Compass to acquire Anywhere in $1.6B deal, capping rise to top
- How the growing buyer power shift is reshaping the real estate market
- These are the states where homeowners will benefit most — and least — from new SALT cap
- Compass calling foul on MLS rules is hypocrisy
More from UncategorizedMore posts in Uncategorized »
- Where the industry stands on the Compass-Anywhere deal: Top 5
- Have you changed your process in light of the private listings drama?
- Coldwell Banker nabs Bay Area-based Joe Velasco Group
- The Thermostat Effect: How comfort limits your growth
- Top 24 real estate news stories of 2024 according to Inman readers
More from wealth inequalityMore posts in wealth inequality »
Be First to Comment