Announcements
Cleveland Realtist present "House then Car" Zoom Summit
Minorities and mortgages: Black leaders' thoughts on closing the racial divide
Posted on https://www.mpamag.com/ on 04 Jun 2020
Dispiriting. Disgusting. Disorienting. However one chooses to frame the events sparked by George Floyd’s killing at the hands of the Minneapolis police on May 25, the underlying cause is clear: America’s racial divide, a ragged, gaping, self-inflicted wound that has been allowed to fester for centuries, has poisoned the country.
The Cleveland Realtist Association, Minority Homeownership, and Chenoa Fund
Posted on https://chenoafund.org/ on by Christine Brewer
41%.
That number represents the homeownership rate of the black community in the United States.
It’s among the lowest of homeownership rates in the nation—and it has been going down for years. Homeownership rates improve slightly for other minority groups, but they still aren’t good (45–55%). From this, it is clear that many underprivileged Americans need help to access the benefits of homeownership.
