Black Family’s Home Appraisal Increased $92,000 After Removing All Signs of Their Race
It's something many in the Black community have heard before: When trying to sell your home while Black, make sure to remove all signs of...
Tag : home ownership
50 Years After Fair Housing Act, Buying a Home Remains Out of Reach for Many African Americans
Buying a home continues to be out of reach for African Americans, according to a new survey. Here are some solutions according to experts....
What You May Not Know About a Down Payment for Buying a Home
A new study proves something that many may already know: Saving for a down payment for buying a home is the biggest hurdle for would-be...
50 Year Anniversary of the Fair Housing Act and There’s Still a Racial Homeowners Gap
Although more members of the black community have been given access to homeownership because of the Fair Housing Act, reports show that 41 percent of...
Home ownership: It’s not the size of the home, but the size of the dream
African Americans are returning to the housing market slowly but surely, according to recent data. After hitting a near 50-year low of 41.3% in 2016,...
4 Ways to Escape the Rental Trap
“A lot of people have been misinformed, resulting in becoming content to live as renters,” says Joe Puthur, President of Mortgage Coach. “Families have been...
Washington, DC’s Largest, Oldest Black Bank To Host Mortgage Day
People of color continue to get shut out of the housing marketing. Home ownership among African American and Hispanic Americans lag dramatically behind that of...
Renting vs. Owning: The Pros And The Cons
Debating whether you should rent or buy property? Here are some tidbits on the pros and cons when it comes to renting vs. owning....
How Much Do You Need to Make to Buy a Home?
On a national level, the average median home price in the U.S. is $222,700, meaning if you have good credit and get a 30-year fixed...
How Renting Can Build Long-Term Wealth
Homeownership is a long-term play and, for most families, true wealth only materializes when they’ve accumulated sufficient equity or when the mortgage is nearly paid...