Multicultural Resources

Blacks and Home Ownership

Written by Lisa Chiljean | Jan 31, 2025 8:21:51 PM

The Black Homeowner

Blacks are a huge growth market and a prime target for any home-related products or financial services.  The number of Blacks who own their own homes have grown in greater numbers than Whites and as a result are driving increases in a variety of related categories.  Not only do Black homeowners have higher incomes than their non-homeowner peers, but they are well-established in their homes, both key factors in their purchasing aspirations.