Black homesellers get better offers with iBuyers, but there’s a catch

A University of Washington study revealed iBuyers give Black homeowners better offers than they receive on the open market. However, those offers potentially come with some longterm tradeoffs. Continue reading

Recognizing the distance we have yet to travel toward full equality

To fulfill the promise of our founders, and of Juneteenth, it’s time to prioritize affordability and access for Black Americans, writes team leader Carl Medford. Here he outlines the history of the holiday and the meaning it holds. Continue reading

Equity gains for Black owners are progress, but more work is needed

The home equity gains made by Black homeowners in recent years are worth celebrating, but there’s a long way to go. Here are a few ways the industry can help. Continue reading

Citi pledges to serve more minority homebuyers

The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in low- and moderate-income neighborhoods. Continue reading

Nation’s first reparations program targets Black homeowners, buyers

The funds, for which Black residents of Evanston between 1919 and 1969 qualify, can be used for various housing costs, like a down payment, home improvements and late penalties. Continue reading