Sentences with phrase «homebuyer in a white community»

[1] Home values in predominantly black communities also have a tendency to be much lower than home values in predominantly white communities, which means that the typical homebuyer in such a community can expect to spend less on a conventional mortgage payment than the typical homebuyer in a white community.

Not exact matches

The study included over 1,000 repossessed homes in nine major markets, concluding that the properties in white communities «generally appeared inhabited, well - maintained, and attractive to real estate agents and homebuyers,» whereas the properties in minority communities were «more likely to have overgrown yards littered with trash, unsecured doors, broken windows, and indications of marketing as a distressed sale.»
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