The Path To Homeownership Can Be Steeper for Some Americans
By Shayne Stone, "Your Rock Solid Choice Realtor" RETIRED
(HomeSmart)
As we celebrate Black History Month, we honor and recognize the past and present experiences of Black Americans. A significant part of this experience is investing in a home of their own. While equitable access to housing has come a long way, the path to homeownership is still steeper for households of color. Its an important experience to talk about, along with how working with the right real estate experts can make all the difference for diverse homebuyers.We know its a more challenging journey to achieve homeownership for some because there's still a measurable gap between the overall average U.S. homeownership rate and that of non-white groups. Today, the lowest homeownership rate persists in the Black community (see graph below):Homeownership is an essential piece for building hous...
Comments
1