This current upward trend indicates to NAREB that concerted efforts to address and remove systemic barriers to Black homeownership, intentional and targeted programmatic initiatives, along with focused promotion of the wealth building benefits of homeownership appear to be shifting the tide. I assure Black American prospective homebuyers that NAREB will continue to aggressively pursue our advocacy efforts nationally and be available to assist Black Americans considering homeownership.

We are painfully aware, however, of the disparate health and financial effects that the COVID-19 pandemic has inflicted on Black Americans and other vulnerable populations. Life, as we all knew it, is difficult to navigate now, and into the foreseeable future. At the same time, the dreams, and the plans for homeownership among Black Americans appear not to be squelched. NAREB Realtists and our real estate affiliates, using every possible safety precaution, stand unified as guardians of our communities, ready to provide the guidance and accurate information to Black Americans working to achieve their dream of homeownership and a pathway to boost economic futures.

The National Association of Real Estate Brokers (NAREB) was formed in 1947 to secure the right to equal housing opportunities regardless of race, creed or color. NAREB has advocated for legislation and supported or instigated legal challenges that ensure fair housing, sustainable homeownership, and access to credit for Black Americans. NAREB also advocates for and promotes access to business opportunity for Black real estate professionals in all of the real estate disciplines.NAREB annually publishes The State of Housing in Black America report. http://www.nareb.com

Media Contact:Joanne Williams [emailprotected] 202-364-0024

SOURCE National Association of Real Estate Brokers (NAREB)

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Statement by President Donnell Williams on Continued Increase of Black Homeownership Rate - PRNewswire