Housing Equality & Policy
Race & Real Estate
The Price of Opportunity: Homes Cost 38% More in Neighborhoods That Offer the Best Shot at Upward Mobility
The typical home purchased in high-opportunity U.S. neighborhoods went for $470,000 last year—$130,000 more than the typical home in low-opportunity areas. The price premium for
There Were Half as Many Affordable Homes for Sale in 2022 as There Were in 2021
1 in 5 home listings was affordable for the typical U.S. household, down from 2 in 5 in 2021. White households had three times as
Three Reasons To Be Optimistic About Black Real Estate Wealth
Black real estate wealth hit a record high in 2021– here is why I am hopeful it will continue to rise during this decade Black
2 in 5 Real Estate Agents Say Pocket Listings Are Becoming More Common
Pocket listings—homes sold without being marketed publicly—have become more common since 2019, according to a survey of agents. 2.3% of homes listed in the third
Hispanic Homeowners More Likely to Receive Financial Help Buying a Home: Redfin Survey
More than half of Hispanic homeowners have lived with family without paying rent to help make housing payments, versus 38% of white homeowners. That familial
Black Americans Face Bigger Financial Barriers to Homeownership Than White Americans: Redfin Survey
23% of white homeowners report making no financial sacrifices to buy their first home, versus 14% of Black homeowners. The fact that Black Americans are
Minneapolis, Milwaukee & Salt Lake City Have the Lowest Black Homeownership Rates in the U.S., With Just One-Quarter of Black Families Owning Their Home
Even in Washington, DC, which has the highest Black homeownership rate in the U.S., just 51% of Black families own their home, versus more than 70% of white families. In Minneapolis, Milwaukee and Salt Lake City, just one-quarter of Black families own their homes.
Redlining’s Legacy of Inequality: $212,000 Less Home Equity, Low Homeownership Rates For Black Families
Half a century after it was outlawed, the discriminatory housing practice of redlining continues to create a racial wealth gap across the U.S.
Income Gains and Rent Increases Follow Rail Transit
Improving transit access to a neighborhood does not lead to a significant decrease in minority populations, even as incomes and rents rise faster than similar neighborhoods without convenient transit.
A Typical African American Family Could Afford Just 25 Percent of Homes for Sale Last Year, Down from 39 Percent in 2012
Fewer than one in 10 homes for sale last year were affordable to African American households in San Francisco, Los Angeles, Seattle, Denver and Boston.
Survey: 38% of Homebuyers and Sellers Are Hesitant to Move to a Place Where They’d Be in the Political Minority
We surveyed homebuyers about sentiments related to race and politics during the buying experience.
Race Gaps in Homeownership Rates and Home Equity Have Widened During the Decade-Long Economic Expansion
Just 40.6% of black Americans own homes, compared to more than 73% of white Americans. And black Americans have seen significantly smaller home-equity gains since 2010.
