Nearly one in six prospective homebuyers across different races and ethnicities reported facing some form of discrimination during the homebuying process, according to the National Association of Realtors. Others cited their primary reasons for stalling their home purchase as waiting for mortgage rates and home prices to decline, alongside a lack of available homes within their budget.
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HUD Commemorates Fair Housing Month, Signing of Fair Housing Act
It's been 55 years since the Fair Housing Act was signed into law, and the U.S. Department of Housing and Urban Development kicked off Fair Housing Month 2023 with the theme, “Choices for All Voices: Building an Equitable Future.”
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