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Impact of Redlining in Numbers

June 29, 2020

Neighborhoods that were redlined have gained $212,000 less home equity since the 1980s, according to a new study from Redfin released June 11. Redlining was formally outlawed in the 1960s, but the New Deal-era lending practice is still having a lasting impact on the rate of Black homeownership and Black wealth in the United States. […]

Filed Under: CVAR Connect, Government Affairs, Industry News Tagged With: #Cvarmember, African-American, Black families, cvarconnect, Federal Housing Administration, New Deal, Redfin, redlining

DOJ Alleges Discrimination by City of Hesperia

December 16, 2019

The U.S. Department of Justice is suing the city of Hesperia, alleging it discriminated against black and Latino renters. The lawsuit announced last week takes aim at a city ordinance that required landlords to evict tenants who had allegedly committed crimes on or near their property, but encompassed entire families, including children, for alleged criminal […]

Filed Under: At A Glance Tagged With: African-American, Department of Justice, DOJ, Eviction, Hesperia, Latino, lawsuit

Homeless Crisis: From Black Suburb to Streets

September 16, 2019

Pacoima is one of the few Los Angeles suburbs that offered the American dream of home ownership to African Americans who had been locked out of other neighborhoods by racial covenants. But the 1990s brought deindustrialization, the crack cocaine epidemic and mass incarceration. With the advent of fair housing laws, some black people moved to other […]

Filed Under: At A Glance Tagged With: affordable housing, African-American, homeless, homeless encampment, Pacoima, racial gap, Rodney King

Housing Affordability Driving African-American Population

January 29, 2018

Forbes An estimated 6 million blacks headed north and west to cities such as New York, Los Angeles, Chicago and St. Louis in the early 20th century. But now the tide is reversing, with the African-American population dropping in the latter three over the past six years. In some cases it’s clear that blacks are […]

Filed Under: At A Glance, California News, Government Affairs, Industry News, National News, Pro Tips Tagged With: affordability, African-American, Forbes, Great Migration, homeownership, Housing, Los Angeles, population, reversal

Jan. 29 – CVAR At A Glance

January 29, 2018

Featured Classes and Events Register now for one of the most exciting events for real estate professionals–still only $19! READ MORE  Jan. 29 | CRMLS Training – CVAR West Jan. 29 | Impact of New Tax Law Jan. 30 | Inman New York Takeaways Lunch & Learn Jan. 31 | Understanding FHA Lunch & Learn – […]

Filed Under: At A Glance, CVAR News, Education & Events, Government Affairs, Industry News, Pro Tips Tagged With: African-American, branding, CVAR, cvarconnect.com, Hot Issues Briefing, median price, millennial savings, MLS-Touch 2.9, mortgage rates, REvive!, Stacey Cohen, Ziggy Zicarelli

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