Black History Month and Real Estate
“This is a call to action for all Americans to get involved,” added said Darlene Meekins, president of the Philadelphia Metropolitan Board of Realtist. “Diversify your thoughts to make equity in economics the new normal for every American.”
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Honoring Black History Month
Carter Woodsen, an American historian, created Black History Week, originally celebrated on Feb. 12, 1926, aiming for it to consistently be the second week of February each year. It eventually extended into a month-long awareness and was officially recognized by President Gerald Ford in 1976.
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Research shows minority homeownership not recovering from recession
“Minority homeownership is not bouncing back from the recession,” said Jessica Lautz, research director, demographics and behavioral insights, for NAR. “The rate for black and Hispanic homeowners is 42.3 percent, compared to 72.3 percent for white homeowners.”
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