With Black homeownership rates dipping, USA Today’s James Brown discusses the state of the housing market with Housing and Economy reporter Swapna Venugopal and what it’s like to try to purchase your first home in your 60's, with a first hand account from an African American woman named Sonia McGhee.
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I was lucky to follow in my dad's footsteps, he owned his first house at 26 by the time he was 36 he had 2 other properties. Most of my uncles, aunt, and cousins all own their homes. I snatched mine at 28 and I don't see this being an easy process for my kids.