How Cities Can Help Increase Black American Homeownership
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How Cities Can Help Increase Black American Homeownership

ByTMN Editor Reading Time: 3 minutes

By ERIN FLYNN JAY Homeownership rates for Black Americans are lagging and leaders in some cities are taking action to turn that around. According to a report released by the National Association of Realtors last month, minority groups saw increased homeownership rates in 2022. While Asian and Hispanic homeownership rates registered all-time highs at 63.3%…

The Racial Homeownership Gap Is Worst For Black Millennials

The Racial Homeownership Gap Is Worst For Black Millennials

ByTMN Editor Reading Time: 2 minutes

While the racial homeownership gap exists in every generation, Black Millennials have it worse off than any other age group. That’s according to a new analysis from Redfin, which found that just one-third of Black Millennials own their home (33%), compared to 65% of white Millennials, the largest divide of any generation. By comparison, 52%…

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