Inequities in homeownership rates persist despite the many advantages it offers, including stability, cherished traditions and long-term financial benefits.
According to data from the National Association of Realtors, homeownership in the United States rose to 65.5% in 2021, but a significant gap remains between Black and white Americans. While 72.7% of white Americans were homeowners in 2021, only 44% of Black Americans owned their homes. This 29% disparity marks the largest Black-white homeownership rate gap observed in the past decade.
To address these disparities and empower individuals of all backgrounds to achieve homeownership, Angelo Dickens II, a respected Long Beach real estate agent, offers his expertise.
Dickens says that homeownership is within reach regardless of age or circumstances, with the right planning and foundation.
From renting a room to purchasing mobile homes or multi-million dollar estates, Dickens shares valuable tips and insights on this episode of “The Word” podcast to prepare everyone for homeownership.
For those seeking guidance on preparing for homeownership, Dickens can be contacted directly through his LinkedIn page or via his website.