The Black homeownership rate has shown an increase since 2019, although it has not yet reached the peak levels seen in 2004. Despite this progress, there is still work to be done to close the gap and achieve greater levels of Black homeownership.
Key points:
– Black homeownership rate has improved since 2019
– Rate has not returned to the peak levels seen in 2004
– Continued efforts are needed to further increase Black homeownership rates and address disparities in the housing market.
You can read this full article at: https://www.housingwire.com/articles/zillow-black-homeownership-has-risen-but-not-to-2004-level/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
