REALTISTS OPEN MID-WINTER CONFERENCE BOUYED
BY BLACK HOMEOWNERSHIP RATE UPTICK
National Association of Real Estate Brokers (NAREB) meet in Las Vegas, NV to strategize on approaches that continue to increase Black homeownership across the nation.
Washington, DC – February 6, 2020 – The nation’s oldest professional, minority real estate trade association convenes its 73rd Mid-Winter Conference on the heels of a six-month increase in Black homeownership rates. According to the latest U.S. Census Bureau reports, Black homeownership trended upward for two consecutive quarters, from a low of 40.6% in the 2nd quarter 2019 to ending the year at a rate of 44%.
Keeping up the momentum is the primary focus of NAREB’s Mid-Winter Conference, convened under the banner, “Educate, Empower and Motivate and scheduled for February 8-13, 2020, at the Mirage Las Vegas Hotel, 3400 S. Las Vegas Blvd., Las Vegas, NV 89109. Conferees from across the nation representing Black real estate practitioners; homeownership advocates; faith-based leaders; government officials; and financial services and mortgage lending executives are expected to be in attendance.
“The back-to-back Black homeownership increases indicates to us that Black Americans are purchasing homes at a higher, more consistent rate. NAREB’s approach of educating, empowering and motivating Black Americans through our targeted, boots-on-the-ground outreach strategies appear to be bearing fruit,” said Donnell Williams, NAREB president.
As Las Vegas-based NAREB Region XV Vice President Shanta Patton states, “We will not leave one family behind in this movement to increase Black homeownership. Whether Black Americans have a desire to buy their first home, want to explore the benefits of real estate investment, or build sub-divisions, NAREB will be right there guiding them.”
Conference speakers and special guests include: Reverend Jesse L. Jackson, Sr., civil rights activist, founder and president of the Operation PUSH Coalition; U.S. Congressman Steven Horsford, (D-NV); Bakari Sellers, CNN political analyst; Aaron Ford, Nevada State Attorney General; Assemblywoman Dina Neal, Nevada Legislature; Commissioner Lawrence Weekly, member, Clark County (NV) Commission; Marki Lemons-Ryhal, widely-followed social media guru, and Landi Spearman, multigenerational change expert, among other noted speakers. R&B song stylist, Vivian Green is slated to perform at the “Wine Down” Welcome Reception.
The Mid-Winter agenda builds upon NAREB’s course of action that targets specific age demographics, speaks to their lifestyles and informs them about relevant wealth building and wealth keeping strategies. “NAREB strategies, like our ‘House Then the Car’ initiative designed to reach the approximately 1.7 million Black millennials currently renting, speaks to the value of building wealth through homeownership or real estate investment early in their life journey,” Williams stated. NAREB offers a healthy dose of reality and how this group can limit their extravagancies in favor of a solid wealth building future.
Williams went on to say that, “NAREB offers a different message through our ‘Realtist Opportunities for Seasoned Individuals’ initiative, that speaks to Black American seniors. We’re not offering a one size fits all solution to Black Americans seeking wealth building solutions through real estate.”
For more information about the NAREB Mid-Winter Conference, visit: www.nareb.com.
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The National Association of Real Estate Brokers (NAREB) was formed in 1947 to secure the right to equal housing opportunities regardless of race, creed or color. NAREB has advocated for legislation and supported or instigated legal challenges that ensure fair housing, sustainable homeownership, and access to credit for Black Americans. At the same time, NAREB advocates for and promotes access to business opportunity for Black real estate professionals in all of the real estate disciplines. NAREB annually publishes The State of Housing in Black America report. www.nareb.com
Note to media: Interview opportunities for speakers are available with prior notice.
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Contact:
Joanne Williams I 202-364-0024 I jlwilliams@barrington-associates.com
Jill Forte I 770-896-8723 I Jill.Forte@nareb.com