Despite a nationwide dip in first-time homeownership, Black buyers have bucked the trend in 2024, leading the market with 62 percent purchasing their first home, according to new data released by Zillow Thursday. This continues a growing trend, with Bl… Continue reading
Now that buyer agency compensation rules are in place, Trina Gonzales-Van writes, the NAR, regulatory bodies and significant stakeholders must consider their impact on borrowers and determine whether these policies do more harm than good. Continue reading
The Baltimore homeowner succumbed to cancer before she could celebrate a landmark appraisal bias win. She’s part of a long legacy of Black homeowners who’ve died while fighting for their rights. Continue reading
Cultivating efforts that improve Black homeownership rates, broker-owner Jemila Winsey writes, requires Black real estate professionals to take on leadership positions. Continue reading
According to Keller Williams Head of Inclusion and Belonging Julia Lashay Israel, the Sitzer | Burnett commission case is not just about changes in agent commissions; it is about the broader implications for the accessibility of homeownership, esp… Continue reading
Access to safe, traditional credit building is especially limited in Black neighborhoods, a report from Zillow shows, highlighting lingering effects from redlining that keep those households renting instead of owning a home. Continue reading
The National Association of Realtors said increasing the nation’s inventory is one solution to address homeownership gap. The trade group is eying 3 million net new Black homeowners by 2030. Continue reading
Between February 2020 and January 2023, Black homeowners saw their homes’ values increase by 42.5 percent compared to 38.5 percent for U.S. home values overall. Continue reading
Karl Rove, deputy chief of staff to President George W. Bush, and April Ryan, the longest-serving Black female White House correspondent, spoke at NAR’s Legislative and Political forum Saturday. Continue reading
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