According to U.S. census data the rate of Black home ownership is 41% compared to 71% of white people.
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“There are a lot of things that have occurred in the Black community relating to the housing crisis that many people simply are not aware of,” said NAREB President Julius Cartwright. “That’s why we are anxious to share all of our research data, and have a productive dialogue with the public, so that people will understand the ongoing impact of the mortgage fall-out in Atlanta and in other communities across the nation. Our ultimate goal is to offer solutions that will empower people to make informed decisions that will preserve and protect the legacy of our neighborhoods and community.”