Feb28
By Rob Meiksins and Steve Dubb February 22, 2019; Real News Network Homeownership in the US has long been stratified by race. The most recent figures from the US Census Bureau (as of September 30, 2018) find that nationwide the white homeownership rate is 73.1 percent compared to a Black homeownership rate of 41.7 Continue Reading
Feb27
By Carey Shea There isn’t a tax credit program available to spur investment in single-family residential neighborhoods, but an alliance of national real estate, housing, community development, lending, and construction organizations is working to change that. Before Katrina’s wind and waves toppled New Orleans’ antiquated levee system in 2005, the city was already Continue Reading
Feb22
By Amal Ahmed A new study in Nature Sustainability finds racial and ethnic disparities in rooftop solar adoption, even controlling for income and homeownership. One of the fundamental drivers of the environmental-justice movement is that low-income communities and communities of color are often at the forefront of environmental harm, since they are more likely to Continue Reading
Feb19
By Donna Joseph A recent report by the Urban Institute entitled “A five-point Strategy for Reducing the Black Homeownership Gap,’ pointed out that the black homeownership rate has seen the most dramatic drop of any racial or ethnic group since 2011—declining 5 percent compared to a mere 1 percent drop in white families, and with Continue Reading
Feb16
By BlackNews Tamairo Moutry, a very successful real estate broker/CEO has been appointed as the president of NAREB, the National Association of Real Estate Brokers – The Greater Milwaukee Chapter. Atlanta, GA — African-American real estate broker, mogul & CEO Tamairo Moutry, a Milwaukee, Wisconsin native has been in the real estate business since 2004, Continue Reading
Feb15
By Paul Shaw Real estate has been a cornerstone of most gigantic economies for a very long time. If you think about it, it makes perfect sense. It’s safer than plenty of the other options and it also offers a greater reward in the long run. While the real estate business suffered some major setbacks Continue Reading
Feb11
By Kevin Featherly Restrictive covenants: The Minnesota House on Monday unanimously stood behind Rep. Jim Davnie, DFL-Minneapolis, in the first floor vote of the young legislative session. House File 51 allows homeowners with restrictive covenants written into their properties’ historical abstracts to attach an affidavit forswearing that antiquated segregationist practice. The bill swiftly passed the Continue Reading
Jul09
Jani Tillery thought she would be a homeowner by now. Jani Tillery, 42, is an attorney at the Children’s Law Center in Washington who has been looking for homes since October. She’s made three offers since the end of November but lost to other bidders and she’s having a hard time finding homes in her Continue Reading
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Nov02
By Rodney Brooks Homeownership among African Americans has declined to levels not seen since before passage of the Fair Housing Act of 1968, a major concern among economists and financial planners. Chief among the long-term concerns is the impact this black homeownership trend will have on the already grim outlook for African Americans and their preparation Continue Reading
Nov01
Bill proposes repeal of life-of-loan insurance premiums for FHA loans HomeNews by Francis Monfort30 Oct 2017 Most Read The Many Ways to Be Relieved of Your Timeshare ObligationsWhile it is true that a timeshare contract is a binding legal document, it is often mistakenly thought that such a contract cannot only be cancelled. In fact, most timeshare Continue Reading
Oct03
Rep. Gregory Meeks (far right) addresses the state of housing among Blacks during the Congressional Black Caucus Foundation’s 47th Annual Legislative Conference in northwest D.C. on Sept. 21. (William J. Ford/The Washington Informer) Black homeownership significantly lags behind Whites despite a 1 percent uptick in the past year, and housing advocates, realtors and lenders Continue Reading
Aug24
Demarion Washington, 8, left, drinks juice in front of his home as Justin Scott, 8, leaps from a porch at the Jordan Downs Housing Projects in Watts, Calif. on June 5. (Los Angeles Times) By Richard Rothstein Every metropolitan area in the nation is racially segregated, and Los Angeles is no exception. We tolerate residential Continue Reading
Jun07
This story, part of an open: Housing series exploring rising barriers to homeownership in Portland, looks at historic and current forces affecting the city’s African-American residents, and what they likely mean for the future. PORTLAND, Ore. — As a teenager living under Jim Crow laws in the 1940s, Paul Knauls Sr. rode a bus 37 Continue Reading
May17
By: Amy Hockert It’s been said doors will open to those bold enough to knock. Which might be why Minneapolis realtor Julia Israel is so fearless. “If you are fully educated on how this works [it] removes the fear,” she said. Her real estate philosophy: It’s not about what you have, it’s about what you Continue Reading