Washington, DC – The National Association of Real Estate Brokers, Inc.(NAREB) issued the 2020 edition of its State of Housing in Black America (SHIBA) report with a stark warning: Without major changes in public policy, restructured mortgage lending criteria, increased down payment assistance, and an extended forbearance period needed by homeowners experiencing severe financial burdens […]
Statement by President Donnell Williams on Upward Trend of Black Homeownership Rate
Washington, DC- The National Association of Real Estate Brokers (NAREB) is guardedly optimistic regarding the current upward trend of the Black homeownership rate of 44% as stated by the U.S. Census Bureau in its 4th quarter 2019 report. The reported rate represents a second in a row increase up from the 3rd quarter rate of […]