Central Valley Leading the Way for “Democracy In Housing"
Each member of the NAREB® organization is referred to as a REALTIST®. Although comprised principally of African-American and other minority real estate professionals, the REALTIST® organization notwithstanding is an integrated entity open to qualified practitioners of all races who are interested in achieving the ideas of the REALTIST® theme, Democracy in Housing. The REALTIST® organization has made substantial contributions to the cause of democracy by working to provide housing for all without limitations or restrictions.
Message From The President
The housing bust had many Americans questioning the benefits of homeownership and return to the notion that renting is better. We experienced homeownership rates decline and builders halt many...if not all projects. African Americans were amongst the worse hit during this recession. Fewer African Americans own their home than any other racial group. Over the last decade, African American homeownership has shifted from approximately 48% to currently 41%. Ultimately making it difficult for them to achieve wealth...let alone Generational Wealth.
Homeownership long has been a key cornerstone to Americans' ability to amass wealth. Even with the decline of wealth during the housing bust, the average net worth of a homeowner is 36 times greater than that of a renter, according to the Federal Reserve Survey of Consumer Finances.
As Realtist, our goal is to rebuild the Dream of Homeownership throughout the Central Valley. Homeownership builds families, provides stability within the family, transforms communities, and builds wealth. Asset building is an important means to provide upward financial mobility and pathways to passing on wealth for a positive economic future. READ MORE
PATH TO HOMEOWNERSHIP BUS TOUR
MONTHLY NETWORK BREAKFAST
CAREB LEGISLATIVE DAY
Accessory Dwelling Units (ADU) Build Wealth for their Owners
Owning and living in a property with an ADU provides a similar wealth-creation model to duplex ownership.