Wisconsin Among Worst in Country for Black Homeownership
Between the spring of 2016 and the fall of 2019, the overall homeownership rate in the United States rose just over two percent. 

The homeownership rate for white Americans has consistently been higher than 71 percent in that time, but the overall growth doesn’t tell the full story. 

“While the increase in the overall homeownership rate is encouraging, we see that there continues to be [a] significant racial homeownership gap in America that needs to be addressed,” says Nadia Evangelou, Senior Economist and Forecast Director with the National Association of Realtors.

Last week, the association issued a report on race and home buying in the country. According to the report, only about 40 percent of black Americans surveyed owned a home, and the gap between them and white homeowners has only grown...

   ...more

Ken Notes: Any ideas here? Part of this may be the lack of affordable homes available in most markets...



- - Volume: 8 - WEEK: 10 Date: 3/5/2020 9:46:02 AM -