Homeownership Slips Further Away For Californians
Only 18% of Californians could afford a median-priced home in 2024, with affordability gaps persisting across ethnic groups
Tagged: Homeownership Gap
Income Gap Between Renters And Buyers Hits New High
Homebuyers now need $117K — 82% more than renters — to afford monthly costs, up from a 73% gap last year, Redfin reports
Gen Z And Millennials Are Locked Out Of Homeownership
As prices soar and options shrink, younger generations fall further behind their parents on the path to homebuying
NAF Seeks To Make An Impact On Black Homeownership
By extending $20 billion in new mortgages to Black homebuyers by the year 2028
Black Homeownership Rate Increases But Remains Below 2004 Level
Nearly one in four Black mortgage applicants are denied, versus one in 10 white applicants.
Racial Homeownership Gap Persists Among Millennials And Gen Z, Redfin Finds
Analysis reveals Black millennials and Gen Zers trail significantly behind their white counterparts in homeownership.
