Housing Affordability For All Californians Deteriorated In 2023
The affordability gap for Black and Latino households in the Golden State remains wide
The affordability gap for Black and Latino households in the Golden State remains wide
The racial homeownership gap is biggest for millennials, but it exists in every generation, per Redfin economists
Asian and Hispanic homeownership rates reached all-time highs in 2022, per the new report
With 20 percent down, a minimum income of $186,800 was needed to make monthly payments, including principal, interest, and taxes ...
Currently, the Black homeownership rate is 44 percent, up from a low of 40.8 percent in 2016
The homeownership rates for both Black and white families rose ever so slightly over the pandemic, per new numbers
Orange County found to be the least affordable for Black and Latino homebuyers
More than 400,000 fewer homes are available for households earning $75,000-100,000 compared to the start of the pandemic
The National Community Reinvestment Coalition found refi lending flowed to White, Asian Indian and Chinese borrowers
Per the data, lenders are 80 percent more likely to turn down Black applicants
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