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NAREB Seeks to Prepare Members for Changes to Real Estate Commissions

NAREB Seeks to Prepare Members for Changes to Real Estate Commissions

by Phil Hall | Mar 19, 2024 | Current News & Events, Industry Updates, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

The National Association of Real Estate Brokers (NAREB), which represents the interests of more than 100,000 Black real estate professionals, is preparing its member agents and brokers for the post-Sitzer/Barnett environment created with the National Association of...
Redfin: Black Millennials Half as Likely to Own Homes as Whites

Redfin: Black Millennials Half as Likely to Own Homes as Whites

by Phil Hall | Mar 5, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

One-third (33%) of Black millennials own their home, compared to two-thirds (65%) of White millennials, according to a new data analysis by Redfin (NASDAQ:RDFN). This represents the largest disparity gap in homeownership among any generation. Redfin determined that...
Data Study Finds Blacks Only Own 10% of Homes While Whites Own 69%

Data Study Finds Blacks Only Own 10% of Homes While Whites Own 69%

by Phil Hall | Feb 6, 2024 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new data study by LendingTree (NASDAQ:TREE) on racial disparities in homeownership has determined Black people make up an average of about 15% of the population across the nation’s 50 largest metros, but they only own an average of 10.15% of homes. In comparison,...
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