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    • About
    • Mission Statement
    • Committees
    • Strategic Partners
    • Locations
    • Ambassadors Foundation
  • MEMBERSHIP
    • New Member Portal
    • Join SDAR
    • Forms & Contracts
    • Partner With Us
    • REALTOR® Plus
    • Calendar
    • DRE Compliance
    • Dispute Resolution
    • Networking Groups
  • MLS
    • San Diego MLS
    • Caravans
    • Rules & Regulations
    • Paragon Training Videos
    • Schedule a Training
    • Alan Nevin Economic Reports
  • EDUCATION
    • Calendar
    • Renew Your License
    • Get Your Broker's License
    • Get Your Real Estate License
    • New REALTOR® Necessities
    • NAR Ethics Requirement
    • Sexual Harassment Training
    • Speakers Bureau
    • Scholarship Program
    • Webinars
  • BENEFITS
    • Member Benefits
    • SentriLock
    • Affiliate Services
    • CAR Benefits
    • NAR Benefits
    • Local Statistics
    • REALTOR® Store
    • Risk Management
    • Government Affairs
  • NEWS AND EVENTS
    • News
    • Realty Times
    • Press Releases
    • Events
    • Alan Nevin Economic Reports
  • Transaction Forms
  • Risk Management Specialist
  • Blog Updates
  • Insurance
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  • (858) 715-8000

Minority Homeownership Rates Below Average

February 26, 2020

The United States homeownership rate has recently seen a rebound to 65.1% in the fourth quarter of 2019 from a low of 62.9% in the second quarter of 2016. While the increase in the overall homeownership rate is encouraging, there continues to be a significant racial homeownership gap in America that needs to be addressed.

The ownership rate for non-Hispanic White Americans has been consistently above 71% from 2016 to 2019. In the same period, the homeownership rate for Black Americans has been 30 percentage points less – above 41%. For Hispanic Americans, the homeownership rate has held above 45%, and for Asian Americans, it has been above 53% over the same time period.

The National Association of Realtors® today released its Snapshot of Race & Home Buying in America report.

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We have been helping our members succeed and facilitate the dream of homeownership for over a hundred years. As your trusted partner, we're dedicated to helping you succeed.

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Greater San Diego Association of REALTORS®
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