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Stories Tagged as

Black homeownership

More homeowners are back to paying their mortgages

by Amy Scott
May 3, 2021
But the recovery has been unequal. Black homeowners are at a higher risk of foreclosure when forbearance rules expire, one nonprofit says.
Despite recent trends, more than 2 million mortgages are still in forbearance.
Chainarong Prasertthai via Getty Images
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The Block

Transforming a blighted block into a community of Black women homeowners

by Amy Scott
Aug 11, 2020
A Baltimore program helps Black women build wealth through homeownership.
At 28, Quanshay Henderson bought her first house — and helped restore it — through Black Women Build.
Amy Scott/Marketplace
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Race and Economy

Black applicants are more likely to be denied mortgages, study finds

by Amy Scott
Jun 26, 2020
And that's one reason for the persistent homeownership gap.
A house for sale in Seattle. Black homeownership rose slightly in 2019, but mortgage denial rates were still much higher — 16% for Black applicants compared to 7% for white borrowers.
Stephen Brashear/Getty Images for Redfin
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Closing the homeownership gap in Houston and beyond

by Amy Scott
Jan 30, 2019
The National Association of Real Estate Brokers, a black trade group, is on a mission to add 2 million new black homeowners nationally in five years.
Nationally, the rate of black homeownership is less than 42 percent, compared to a rate of about 73 percent among white households.
Cameron Spencer/Getty Images
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