Black First-Time Homebuyers Are Purchasing Real Estate Despite Affordability Challenges Nationwide, Zillow Report Finds
Source: Djordje Krstic / Getty Although rising market costs are driving up real estate prices nationwide, Black first-time homebuyers remain committed to homeownership. A new Zillow research report published Feb. 20 revealed that Black first-time homebuyers are playing a significant role in driving a rebound in the housing market, despite ongoing challenges with affordability. While the national percentage of first-time homebuyers has dropped from 50% last year to 44% […]