Op-Ed

Drop in Black Homeownership Rate Double that of Whites

By Charlene Crowell NNPA Columnist Each year the Joint Center for Housing Studies at Harvard University assesses the nation’s housing outlook.  The recently-released The State of the Nation’s Housing in 2014 reveals that troubled housing areas remain in the midst of rising prices, higher interest rates and Read More

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Op-Ed

Housing Recovery Bypasses Blacks and Latinos

By Charlene Crowell NNPA Columnist   Scholars from several of the nation’s most-esteemed colleges and universities jointly concluded that the nation’s so-called housing “recovery” is bypassing communities of color and working- class neighborhoods. Underwater America, their new report, analyzed negative equity and foreclosure data using zip codes Read More

Business

U.S. Housing Recovery Pricing Out First-Time Buyers

CHICAGO, July 23 (UPI) — The U.S. housing recovery is increasingly pricing first-time home buyers out of the market, data provided by the National Association of Realtors indicates. NAR released a home sales report indicating people in their late 20s and early 30s accounted for only Read More