Black homeownership climbed in 2019, but still lags far behind homeownership rates for the entire country.
Recent data from the U.S. Census Bureau’s Housing Vacancy Survey [pdf] show a sudden reversal of the trend of black homeownership—which increased from 40.6 percent in Q2 of 2019 to 42.7 percent in Q3 and 44 percent in Q4. The increase in black homeownership still lags far behind the country's total homeownership rate of 65.1 percent in Q4, which reached the highest rate since 2013.
Sarah Strochak, Laurie Goodman, and Sheryl Prado provide analysis of the recent data, focusing specifically about the sudden improvements in black homeownership, which they describe as, "the highest recorded level since 2012 [which] represents an 8 percent increase (or 3.4 percentage points) over six months."
The ongoing crisis of black homeownership has been well documented, including by other researchers from the Urban Institute, so what should the public make of this sudden improvement? The article presents a methodology for understanding the implications of the data, before presenting the conclusion that despite the improvement in black homeownership rates, the numbers still lag far behind, and require "much work" to be done.
FULL STORY: Is the Sudden Increase in Black Homeownership Too Good to Be True?
Half of Altadena’s Black Homes Lost or Damaged in Eaton Fire
The community has higher Black homeownership rates than most of Los Angeles, but now faces an uncertain future as residents struggle to rebuild.
Richmond Program Promotes Black Homeownership
Economic Mobility and Black Homeownership Pilot identified barriers to homeownership and provides homebuyers with down payment assistance and counseling.
The Racial Gap in Homeownership is Growing
Black families face bigger challenges when trying to buy homes, leading to a growing gap between Black and white homeownership.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Canada vs. Kamala: Whose Liberal Housing Platform Comes Out on Top?
As Canada votes for a new Prime Minister, what can America learn from the leading liberal candidate of its neighbor to the north?
The Five Most-Changed American Cities
A ranking of population change, home values, and jobs highlights the nation’s most dynamic and most stagnant regions.
San Diego Adopts First Mobility Master Plan
The plan provides a comprehensive framework for making San Diego’s transportation network more multimodal, accessible, and sustainable.
Housing, Supportive Service Providers Brace for Federal Cuts
Organizations that provide housing assistance are tightening their purse strings and making plans for maintaining operations if federal funding dries up.
Op-Ed: Why an Effective Passenger Rail Network Needs Government Involvement
An outdated rail network that privileges freight won’t be fixed by privatizing Amtrak.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
New York City School Construction Authority
Village of Glen Ellyn
Central Transportation Planning Staff/Boston Region MPO
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions