The single-family home has been the main driver of wealth building among the middle class and that ideology has affected policy in one way or another in seeming ...
Read More »Analyzing Racial Disparities in Homeownership
It is no secret that the COVID-19 pandemic affected nearly every facet of the economy and the people that live in it. But the pandemic didn’t affect everyone ...
Read More »Akron, Ohio, Found to Be Most Affordable for Black Americans
The high prices and record-low inventories that have been dominating the market for the last year are not doing much to address the plight of Black Americans whom ...
Read More »What Factors Are Holding Back Black Homeownership?
Applying for a mortgage is one of the most important applications most will ever fill out in their lifetimes; getting denied because of simple omission can set the ...
Read More »Improving Black Homebuyers’ Access to Capital
Recessions can put homeownership even further out of reach for some minority borrowers. What can be done to improve their chances?
Read More »Racial Disparities Found in Servicing, Lending, & Credit Access
The wealth gap among Americans widened dramatically after the housing market collapse. This placed many black homeowners at a huge economic disadvantage, leaving them with limited access to servicing, lenders, and credit. New research by the Social Science Research Council (SSRC) and the American Civil Liberties Union (ACLU) found that all households lost wealth from 2007 to 2009 at the height of the housing bust and recession. However, in 2009, median white household wealth ceased to decrease, while median black household wealth dropped steadily.
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