A Snapshot of Race and Home Buying in America
This report examines the homeownership trends among each racial group in the last 10 years. Since all real estate is local, homeownership opportunities vary by area. Thus, the report also examines where most of minority homeowners are located and which areas are more affordable for these households. Finally, using the National Association of REALTORS® Profile of Home Buyers and Sellers data from 2020, the report looks into the characteristics of who purchases homes, why they purchase, what they purchase, and the financial background for buyers based on race.