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.
Policy & Industry
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.
Renter Households Stand to be Hardest-Hit by Unemployment Insurance Expiration
Renter households will be hardest hit by expiring unemployment insurance while Black households likely to shoulder disproportionate burden
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.
Newly Unemployed Service Workers Owe More Than $1.7 Billion in Monthly Housing Payments
More than 25% of the total housing payments due from U.S. food service workers is owed by those who are newly unemployed during the coronavirus pandemic.
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.
Two Months without Pay Pushes Food and Retail Workers to Spend 40% of their Annual Income on Rent
Renters working in food and retail industries could spend 40% of their annual income on housing costs if they are unable to work for two months.
Information From Past Pandemics, And What We Can Learn: A Literature Review
In both the 1918 influenza and the 2003 SARS outbreaks, economic activity fell sharply during the epidemic but snapped back once it ended.
