"Racial Disparities Persist in Homeownership Trends"

The homeownership gap between Black and White Americans has widened over the past decade, with the Black homeownership rate at 44.1% compared to the White rate of 72%. While other minority groups have seen increases in homeownership, systemic barriers and disparities in income and wealth continue to hinder Black homebuyers. Affordability challenges, student debt, income disparities, and higher mortgage loan denial rates contribute to the difficulties faced by Black Americans in achieving homeownership. Despite these challenges, individuals like Sharan White-Jenkins are championing homeownership and helping others navigate the process.