Black families own homes at a lower rate than white families in SoCal. Here’s why that matters

by | Jul 17, 2021 | 0 comments

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Registered nurse and Inglewood native Kenya McClendon said she has been looking for a house for about a year.

“I’m at the point of desperation,” McClendon said. She said she’s been accepted for a loan but has been outbid on every house she’s looked at. So far, she estimated that she’s looked at about 15 homes.

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Pending Home Sales Rise in April

Pending Home Sales Rise in April

Pending home sales in April were up by 1.4% from March and up by 3.2% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales rose in the Northeast, Midwest and West, and declined in the South. Year-over-year...