Thursday, April 07, 2005

HOMEOWNERSHIP

New research from the University of Southern California Lusk Center for Real Estate shows that there are "sizeable and persistent" racial gaps in homeownership. Homeownership rates reached 68.6 percent nationwide in second quarter 2004, with 76 percent for non-Hispanic whites, 50 percent for African Americans and 47 percent for Hispanics.

Source: Planet Realtor, FLORIDA ASSOCIATION OF REALTORS





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