Home Value Disparities Between Races Are Shrinking, but Remain Very Wide
The typical home owned by Black and Latinx homeowners is 16.2% and 10.2% less valuable, respectively, than the typical U.S. home overall.
Fair Housing
What Moved Us: Stories that Shaped the Year in Real Estate
Home became more important than ever in 2020. Kitchen tables became classroom desks, basements turned into offices and backyards became sanctuaries.
In all of the nation’s 50 largest metro areas, block groups that are at least 90% single-family, detached houses are whiter than the metro as a whole.
Black Applicants Are Far More Likely to be Denied a Mortgage
Despite recent growth in Black homeownership rates, Black homeowners still face disproportionate challenges when trying to secure their dream home.
LGBTQ+ Buyers & Renters Face More Challenges, Costs when Searching for a Home
Many of the housing challenges faced by LGBTQ+ households in general are even more extreme for LGBTQ+ home buyers and renters of color.
LGBT Home Buyers May Be Priced Out of Areas With Legal Protections From Discrimination
The typical cost of buying a home in areas with explicit legal protections for the LGBT community is $328,575, ~63% more than areas with no protections.
Coronavirus Layoffs Have Bigger Impacts on Housing Security for Black, Latinx and Asian Households
The most devastating economic and public health outcomes of the coronavirus outbreak have fallen along socioeconomic and increasingly racial lines.
Black Homeownership Shows Signs of Healing From the Wounds of the Great Recession
The U.S. black homeownership rate surged at the end of the 2010s, an encouraging sign that black homebuyers are increasingly succeeding in getting their slice of the American dream.
The Housing Reasons Why Latinxs Have Less Wealth Than Whites
Latinxs are becoming homeowners at a higher rate than the overall U.S. population, beginning to close a gap with the white homeownership rate that has tripled since the start of last century. Despite recent gains, the homeownership gap -- currently sitting at 24.7 percentage points -- will take decades to close.
How the Housing Bust Widened the Wealth Gap for Communities of Color
When the housing market went bust, homes in communities of color were more likely to succumb to foreclosure than homes in white communities.
