Blog State of Housing in Black America

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Industry News

Report reveals decline in African-American homeownership

African-American homeowners were disproportionately affected by subprime lending and as a result, African Americans lost 53 percent of their wealth. That’s according to the State of Housing in Black America (SHIBA) report prepared for the National Association of Real Estate Brokers (NAREB)....

July 8, 2015 3 min. read