S
an Diego faces a harsh reality when it comes to homeownership: Black families are less likely to own their homes compared to white residents. A report from San Diego County highlights this disparity, with white San Diegans nearly twice as likely to be homeowners.
Eric Hellon, a local real estate agent and owner of the nonprofit Homeowner Prep, has seen firsthand how housing discrimination affects generations. "There's no generational wealth passed down," he said. "Discrimination in the past can still prevent us from building assets today."
Hellon's organization helps first-time buyers navigate the real estate market through financial coaching, home tours, and expert guidance. He emphasizes that education is key to overcoming decades of setbacks. "The biggest feedback we get is they're closer than they thought they were," he said.
Homeowner Prep aims to empower Black families to take control of their financial futures by breaking down barriers to homeownership. A workshop in La Mesa next month will provide home buyers with the tools and knowledge needed to succeed in the housing market.
realestate
Community outreach drives boost African American home buying rates
San Diego's harsh truth: Homeownership eludes many African American families.
Read More - realestate
realestate
Boston Real Estate Times Honors Top Performers at Prestigious Annual Awards Ceremony
250+ Commercial Real Estate Pros Attend Boston Real Estate Times' Annual Excellence Awards Gala.
Read More - realestate
realestate
Luxury Homes Sold in Central New York: Top Transactions October 5-11
Here are the top stories for CNY counties from October 5-11:
Read More
realestate
Central New York Home Sales by County, October 5-11 Recap
Here are the recent property transactions in Central NY counties.