The National Association of Realtors reports that Hispanic, Black, and Asian Americans have seen an increase in homeownership rates over the past decade, with Asian and Hispanic Americans experiencing record highs despite rising interest rates. However, progress for Black Americans has been slower. In 2022, 63% of Asian Americans, 51% of Hispanics, and 44% of Black Americans were homeowners, all up from 2012 levels. Despite disparities, overall homeownership in the US has risen, driven by people under 45 buying homes.
Significantly more Americans own a home now than a decade ago, but the disparity between Black homeownership rates and those of other racial and ethnic groups has grown wider, according to the National Association of Realtors. https://t.co/aVN3dSMe1Y
Systemically Racist? US Homeownership Grows More Diverse https://t.co/Fxdc3UkWAB
The homeownership rate is higher in the US today than it was before the pandemic, and the increase has been driven by people under the age of 45 buying homes. A higher percentage of Americans own homes today than in any period other than the Internet/housing bubble eras. https://t.co/uJCxx3UXGu
Despite the fast-rising mortgage rates, minority groups increased their homeownership rates in 2022. https://t.co/WgKJJsdene
Homeownership rates are up across racial and ethnic groups, according to NAR data, but disparities persist. https://t.co/DQ0DV6uth2
Homeownership rates are rising among some minority groups, but racial disparities remain. https://t.co/Yo8BqTld0A
Home insurance in the US has jumped 23% year over year. https://t.co/6Ylum8pPZO
In 2022, 63% of Asian Americans, 51% of Hispanics, and 44% of Black Americans were homeowners — all up from 2012 levels. https://t.co/a39BhLEFel https://t.co/kvQBAPgy0L
Asian and Hispanic American homeownership hit record highs despite soaring interest rates over the past few years. https://t.co/y6nVI8tleP https://t.co/YjlKmVKpaS
Homeownership in America just ticked up from 65% to 66%. https://t.co/hpVsReSx0U
“My experience in terms of the path towards home ownership is that it has gotten a lot harder,” Linda Neverson told @MiamiHerald. “What I believe is happening is the earning power or economic gap between minorities and others is widening.” https://t.co/UwBBPUuc9g
Latinos, Asian Americans see biggest homeownership gains https://t.co/0fFsIHJOPl
According to a report from the National Association of Realtors, while Asian and Hispanic Americans saw historic jumps in homeownership, progress for Black Americans was far more stagnant. https://t.co/rAoQxMsfXQ
The share of Hispanic, Black and Asian Americans who own a home grew over the past decade despite soaring interest rates in the past few years, according to the National Association of Realtors, @axios @astridgalvan and I report https://t.co/W7aD20d0Gv
The share of Hispanic, Black and Asian Americans who own a home grew over the past decade despite soaring interest rates in the past few years, according to the National Association of Realtors. https://t.co/k42kShOmSE