Realtist promote Homeownership for Black Veterans

AChafukira • November 1, 2017

Homebuying Events Hosted by National Association of Real Estate Brokers (NAREB) to Help Black Veterans Build Wealth

Washington, DC (November 1, 2017) Approximately 20 million Black veterans are eligible to use their G.I. benefits to purchase homes, but may not be aware that homeownership remains the best avenue to begin building wealth. The National Association of Real Estate Brokers (NAREB), the country’s oldest, minority real estate trade group is hosting, nationwide, Homeownership for Veterans events to encourage Black veterans to learn more about the homebuying process and how to take advantage of their G.I. benefits. Local events, hosted by NAREB chapters are scheduled for Saturday, November 4, 2017.

“NAREB’s founders in 1947 saw the need to help Black veterans returning from WWII. G.I benefits were available, but Black veterans at the time did not have the choice of neighborhoods, homes or mortgage loans. Their desire to live the American Dream remains at the core of NAREB’s mission and our efforts to ensure Democracy in Housing for our country’s valiant military forces,” said Jeffrey Hicks, NAREB’s president. Documentation by Ira Katznelson in his 2006 book indicate that of the first 67,000 mortgages insured by the G.I. Bill, fewer than 100 were taken out by non-whites. “NAREB is returning to its roots and assisting Black veterans to use the benefits they have earned,” Hicks added.

The focus on underserved Black veterans is part of NAREB’s 2 Million New Black Homeowners program launched in 2016 to re-instill confidence in the homebuying marketplace among Black Americans. Today, Black homeownership has dwindled from a high of 49% in 2004 to just over 42%. In comparison, the current homeownership rate for non-Hispanic Whites is just about 72%.

Black veterans and other prospective homeowners attending the free local events will have the opportunity to talk with Black real estate professionals, mortgage lenders, home ownership counselors, appraisers, title experts, insurance specialists and representatives from government agencies to provide information about available homebuying assistance programs.

visit www.nareb.com. Or, call NAREB headquarters at: 301-552-9340.

Contact: Joanne Williams ● jlwilliams@barrington-associates.com ● 202.364.0024

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Selling Houses While Black

By Olga Labovich • January 18, 2023
About 6 percent of real estate agents and brokers in the United States are Black. Their white peers make almost three times as much, according to data and surveys. Tye Williams feels the heat. It’s 95 degrees out, and the North Carolina sun is beating like a drum. He’s in a full suit and tie Continue Reading The post Selling Houses While Black appeared first on National Association of Real Estate Brokers.

NAREB releases Annual State of Housing in Black America report at Black Wealth Summit featuring Lawmakers, Agency Heads, Policymakers & Experts

By Olga Labovich • November 30, 2022
WHO: U.S. Senator Sherrod Brown (D-OH) Lydia Pope, President NAREB Alanna McCargo, President, Ginnie Mae Lisa Rice, President & CEO National Fair Housing Alliance Sandra Thompson, Director, Federal Housing Finance Agency Teresa Bryce Bazemore, CEO, Federal Home Loan Bank of San Francisco Katrina Jones, VP, Racial Equity Strategy & Impact, Fannie Mae Pamela Perry, VP, Continue Reading The post NAREB RELEASES ANNUAL STATE OF HOUSING IN BLACK AMERICA REPORT AT BLACK WEALTH SUMMIT FEATURING LAWMAKERS, AGENCY HEADS, POLICYMAKERS & EXPERTS appeared first on National Association of Real Estate Brokers.

Reckoning with the past: Associations apologize for discriminatory practices

By Olga Labovich • November 14, 2022
The California Association of Realtors is the most recent association to express regrets for past practices that marginalized groups based on race or ethnicity. Key points: Real estate associations in Atlanta, Minneapolis, Chicago and St. Louis have also offered formal apologies for past discriminatory practices. Practices and policies included endorsing restrictive covenants and redlining, making Continue Reading The post Reckoning with the past: Associations apologize for discriminatory practices appeared first on National Association of Real Estate Brokers.

NAREB: Supporting ‘Democracy In Housing’ for consumers, agents

By Olga Labovich • November 14, 2022
Lydia Pope, who leads the National Association of Real Estate Brokers, discusses narrowing the racial gap in homeownership and opening doors for Black agents Key points: NAREB, founded in 1947, is the nation’s oldest trade association for Black real estate professionals. ‘Our goal is equal housing,’ said Pope, whose own real estate career spans nearly Continue Reading The post NAREB: Supporting ‘democracy in housing’ for consumers, agents appeared first on National Association of Real Estate Brokers.

Clyburn Re-Ups Support For G.I. Bill Restoration Act On This Veteran’s Day

By Olga Labovich • November 11, 2022
Americans disagree on many social issues, but one we’re strongly united on is appreciation for our fellow countrymen and women who have served in our nation’s military – especially today, Veteran’s Day. It’s likely that the greatest expression of gratitude our nation has ever given to those who have worn the uniform is the Servicemen’s Readjustment Continue Reading The post Clyburn Re-Ups Support For G.I. Bill Restoration Act On This Veteran’s Day appeared first on National Association of Real Estate Brokers.

When the demography of the members is considered

By Olga Labovich • October 15, 2022
Our mission at Bankrate is to assist our clients in making smarter monetary decisions. Apart from ensuring every editorial policy is met, we have referenced some of our products from our partners in this post. We have explained how we generate revenue here. The National Association of Real Estate Brokers (NAREB) is a trade network Continue Reading The post When the demography of the members is considered appeared first on National Association of Real Estate Brokers.

What is a Realtist?

By Olga Labovich • September 15, 2022
Whether you’re looking to buy or sell a home, you’ll see a wide range of terms attached to professionals who can help with the transaction. As you work to understand the difference between a broker and an agent, you may also wonder what a Realtist does. What is a Realtist? A Realtist is a real estate Continue Reading The post What is a Realtist? appeared first on National Association of Real Estate Brokers.

What is the National Association of Real Estate Brokers (NAREB)?

By Olga Labovich • September 14, 2022
The National Association of Real Estate Brokers (NAREB) is a trade organization and network of Black real estate professionals known for promoting “democracy in housing” and advocating for public policies that “protect and expand sustainable homeownership.” The organization’s members, who go by the title of Realtist, are spread throughout chapters across the United States. NAREB’s Continue Reading The post What is the National Association of Real Estate Brokers (NAREB)? appeared first on National Association of Real Estate Brokers.

NAREB Calls on White House and Congress to Boost Black Homeownership and Close Wealth Gap

By Olga Labovich • September 7, 2022
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For 75 Years, NAREB Has Advocated for Black Homeownership

By Olga Labovich • August 2, 2022
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