Black homesellers get better offers with iBuyers, but there's a catch
A University of Washington study revealed iBuyers give Black homeowners better offers than they receive on the open market. However, those offers potentially come with some longterm tradeoffs
by Marian McPherson Jul 26
Recognizing the distance we have yet to travel toward full equality
Opinion
To fulfill the promise of our founders, and of Juneteenth, it's time to prioritize affordability and access for Black Americans
by Carl Medford Jun 22
Equity gains for Black owners are progress, but more work is needed
Opinion
The home equity gains made by Black homeowners in recent years are worth celebrating, but there's a long way to go. Here are a few ways the industry can help
Citi pledges to serve more minority homebuyers
The lender is expanding access to HomeRun and Lender Paid Assistance mortgage programs, two loan products that can be important tools for minority borrowers in low- and moderate-income neighborhoods
by Matt Carter Apr 27
Nation's first reparations program targets Black homeowners, buyers
The funds, for which Black residents of Evanston between 1919 and 1969 qualify, can be used for various housing costs, like a down payment, home improvements and late penalties
by Lillian Dickerson Mar 23
The home value gap between races is narrowing — slowly: Zillow
Although Black and Latinx home values are still lower overall, new data from Zillow shows the gap between these groups has decreased by about 4% since the Great Recession
NAR on historic apology: It wasn't just 'bad agents' who discriminated
Bryan Greene, NAR's vice president of advocacy policy: 'We feel we owe a debt and that the future prosperity of our industry and the economy depend on us doing this work'
by Andrea V. Brambila Dec 11
Most buyers would blow their budget for the perfect home
A whopping 64% of prospective homebuyers said they'd spend more than originally planned for the perfect home, according to a survey by LendingTree
by Lillian Dickerson Aug 27
Black real estate agents call on industry to help break racial injustice
Agents and brokers in New Jersey, Minnesota and Kentucky called on the real estate industry to break down racial and economic barriers that disproportionately affect the Black community
by Marian McPherson Jun 1