Black Homeownership

NAREB president calls for ‘optimistic underwriting’ to expand homeownership

Ashley Thomas III has assumed the presidency of the National Association of Real Estate Brokers (NAREB) — the nation’s oldest and largest Black real estate organization — with an agenda focused on expanding homeownership access. Thomas, a housing policy and wealth equity strategist with more than 25 years of experience across real estate, lending and […]

NAREB president calls for ‘optimistic underwriting’ to expand homeownership Read More »

How MLK’s Fight for Homeownership Equality Changed My Life

As we prepare to celebrate Martin Luther King Jr. Day, it’s important to pause and reflect not only on Dr. King’s national legacy, but also on the work he did in my hometown of Chicago that continues to shape lives, opportunities and generational progress today. Dr. King’s Chicago campaign and the fight for fair housing

How MLK’s Fight for Homeownership Equality Changed My Life Read More »

A rising threat to homeownership: How heirs’ property undermines affordable housing

A 2021 NPR podcast segment painted a picture of the American Dream turned Nightmare: a Louisiana family faced the loss of their five-generation-home that had been owned by the family’s great, great, great grandfather, Jacob Loud, who was formerly enslaved.   That segment from four years ago is still relevant today. And the Loud family’s story

A rising threat to homeownership: How heirs’ property undermines affordable housing Read More »

Fair Finance Watch opposes Fifth Third-Comerica merger

Fair Finance Watch, a self-described watchdog for the financial services industry, has filed early opposition to Fifth Third Bank‘s proposed acquisition of Comerica, urging the Federal Reserve to hold public hearings and scrutinize the Cincinnati-based lender’s mortgage lending record before approving the deal. In a letter sent Oct. 8 to Fed Chair Jerome Powell and

Fair Finance Watch opposes Fifth Third-Comerica merger Read More »

Homeownership among Black Americans drops to 4-year low

The homeownership rate among Black Americans fell to 43.9% in the second quarter of 2024, the lowest level since late 2021, according to Redfin. That was down from 45.3% a year earlier and marked the steepest annual decline since the third quarter of 2021. By comparison, the Hispanic homeownership rate rose slightly to 48.8% from

Homeownership among Black Americans drops to 4-year low Read More »