{"id":815437,"date":"2025-02-20T07:24:36","date_gmt":"2025-02-20T12:24:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline\/"},"modified":"2025-02-20T07:24:36","modified_gmt":"2025-02-20T12:24:36","slug":"black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline\/","title":{"rendered":"Black first-time home buyers see strongest rebound as national rates decline"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n
\n SEATTLE<\/span>
\n <\/span>, Feb. 20, 2025<\/span><\/span> \/PRNewswire\/ — While recent first-time home buyer rates have declined nationally, Black buyers have experienced the strongest rebound. A recent Zillow\u00ae survey <\/a><\/u>found that 62% of Black home buyers purchased their first home in 2024, holding steady from the previous year. In comparison, overall, first-time buyers made up just 44% of the market, down from 50% in 2023.<\/p>\n

\n

\n
\n \"Zillow
\n <\/a>\n <\/p>\n<\/p><\/div>\n

After a sharp drop from 47% in 2019 to 35% in 2021, the share of Black first-time buyers rebounded to 55% in 2022 and hit a record 63% in 2023 \u2014 outpacing other racial groups and the national trend.<\/p>\n

“Despite affordability challenges, Black first-time home buyers are demonstrating a strong commitment to homeownership, a key driver of generational wealth,” said Zillow Senior Economist Orphe Divounguy. “While income disparities and saving difficulties continue to delay home buying for Black households, programs like down payment assistance, first-time buyer tax credits and flexible lending options have helped increase access.”<\/p>\n

The rise of remote work has also expanded opportunities, giving some Black renters more flexibility to pursue homeownership in more affordable areas. Zillow research<\/a><\/u> shows that Black renters are 29% more likely than other renters to be at a tipping point where remote work could make homeownership achievable.<\/p>\n

Still, high housing costs and strict building regulations in many metropolitan markets limit opportunities for many buyers across the country, disproportionately impacting lower-income households \u2014 particularly Black households and other households of color. These areas often face supply constraints that drive up prices, and in markets with stricter building regulations, even fewer listings are affordable for the typical Black household.<\/p>\n

A key measure of housing affordability is the monthly housing burden compared to household income. Black households face the steepest barriers, earning a median income of $54,896<\/span> \u2014 far below the $95,213<\/span> needed to buy the typical U.S. home in 2024 without being cost-burdened (spending more than 30% of income on housing). As a result, just 17.6% of listings are affordable for the typical Black household, compared to 28.2% for Hispanic, 37.9% for white, and 56.8% for Asian households, underscoring persistent gaps in homeownership<\/a><\/u>.<\/p>\n

\n St. Louis<\/span> is the most affordable1\u00a0<\/sup>housing market for typical Black households \u2014 those households earning the median income \u2014 with 30.3% of listings within reach in 2024. Birmingham<\/span> follows at 29.5%, and Memphis<\/span> at 29.0%. Other affordable markets include Detroit<\/span> (28.6%), Baltimore<\/span> (25.8%), Pittsburgh<\/span> (23.7%), Cleveland<\/span> (22.8%), Indianapolis<\/span> (22.0%), Atlanta<\/span> (19.2%) and Oklahoma City<\/span> (18.8%). In contrast, the least affordable markets for potential Black home buyers are concentrated on the West Coast, including major California<\/span> metros and Seattle<\/span>.<\/p>\n

Despite a steeper decline in the share of home listings that were affordable to the median earner, Black homeownership increased more than white homeownership in 2024 compared to 2019.\u00a0 Only Hispanic households saw a higher percentage increase in homeownership.<\/p>\n

Black first-time home buyers are driving homeownership gains, but barriers remain. Zillow, a leader in real estate and technology, is helping to tackle some of these challenges through innovation and advocacy. Zillow Home Loans’ BuyAbility\u2120 tool<\/a><\/u> gives buyers real-time, personalized insights on how interest rates impact their budget, showing estimated monthly payments and helping them find homes on Zillow that are within their price range. Zillow’s down payment assistance tool<\/a><\/u> connects buyers with financial resources through a simple questionnaire and dedicated page. Beyond technology, Zillow advocates<\/a><\/u>\u00a0for policies that expand credit access, boost housing supply and improve affordability.<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n

\n
\n Metro<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Typical Home
Value (Based
on Zillow
Home Value
Index (ZHVI),
December
2024 )<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Typical
Monthly
Mortgage
Payment<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Household
Income
Needed to
Afford
Monthly
Mortgage
on a
Typical
Home<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Share of
Affordable
Listings for
Black
Households
(%)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Share of
Affordable
Listings for
White
Households
(%)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Median
household
income
overall
(by metro)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Median
Household
Income
(Black
Households)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n

\n

\n
\n Median
Household
Income
(White
Households)<\/b>
\n <\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n United States<\/span>\n <\/p>\n<\/td>\n

\n

\n $354,711<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,380<\/span>\n <\/p>\n<\/td>\n

\n

\n $95,213<\/span>\n <\/p>\n<\/td>\n

\n

\n 17.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 37.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $75,301<\/span>\n <\/p>\n<\/td>\n

\n

\n $54,896<\/span>\n <\/p>\n<\/td>\n

\n

\n $85,970<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n New York, NY<\/span>\n <\/p>\n<\/td>\n

\n

\n $674,000<\/span>\n <\/p>\n<\/td>\n

\n

\n $4,825<\/span>\n <\/p>\n<\/td>\n

\n

\n $192,987<\/span>\n <\/p>\n<\/td>\n

\n

\n 4.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 19.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $79,445<\/span>\n <\/p>\n<\/td>\n

\n

\n $67,844<\/span>\n <\/p>\n<\/td>\n

\n

\n $78,305<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Los Angeles, CA<\/span>\n <\/p>\n<\/td>\n

\n

\n $950,210<\/span>\n <\/p>\n<\/td>\n

\n

\n $5,989<\/span>\n <\/p>\n<\/td>\n

\n

\n $239,554<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 5.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $77,684<\/span>\n <\/p>\n<\/td>\n

\n

\n $64,322<\/span>\n <\/p>\n<\/td>\n

\n

\n $78,823<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Chicago, IL<\/span>\n <\/p>\n<\/td>\n

\n

\n $321,071<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,423<\/span>\n <\/p>\n<\/td>\n

\n

\n $96,935<\/span>\n <\/p>\n<\/td>\n

\n

\n 11.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 51.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $74,576<\/span>\n <\/p>\n<\/td>\n

\n

\n $51,789<\/span>\n <\/p>\n<\/td>\n

\n

\n $111,865<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Dallas, TX<\/span>\n <\/p>\n<\/td>\n

\n

\n $369,035<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,670<\/span>\n <\/p>\n<\/td>\n

\n

\n $106,805<\/span>\n <\/p>\n<\/td>\n

\n

\n 7.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 35.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $68,092<\/span>\n <\/p>\n<\/td>\n

\n

\n $64,219<\/span>\n <\/p>\n<\/td>\n

\n

\n $82,655<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Houston, TX<\/span>\n <\/p>\n<\/td>\n

\n

\n $305,539<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,128<\/span>\n <\/p>\n<\/td>\n

\n

\n $85,120<\/span>\n <\/p>\n<\/td>\n

\n

\n 14.3\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 52.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $79,237<\/span>\n <\/p>\n<\/td>\n

\n

\n $60,055<\/span>\n <\/p>\n<\/td>\n

\n

\n $88,042<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Washington, DC<\/span>\n <\/p>\n<\/td>\n

\n

\n $566,740<\/span>\n <\/p>\n<\/td>\n

\n

\n $3,742<\/span>\n <\/p>\n<\/td>\n

\n

\n $149,681<\/span>\n <\/p>\n<\/td>\n

\n

\n 15.3\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 50.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $71,469<\/span>\n <\/p>\n<\/td>\n

\n

\n $90,113<\/span>\n <\/p>\n<\/td>\n

\n

\n $87,213<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Philadelphia, PA<\/span>\n <\/p>\n<\/td>\n

\n

\n $360,070<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,511<\/span>\n <\/p>\n<\/td>\n

\n

\n $100,434<\/span>\n <\/p>\n<\/td>\n

\n

\n 15.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 53.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $94,463<\/span>\n <\/p>\n<\/td>\n

\n

\n $54,482<\/span>\n <\/p>\n<\/td>\n

\n

\n $83,898<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Miami, FL<\/span>\n <\/p>\n<\/td>\n

\n

\n $483,889<\/span>\n <\/p>\n<\/td>\n

\n

\n $3,448<\/span>\n <\/p>\n<\/td>\n

\n

\n $137,902<\/span>\n <\/p>\n<\/td>\n

\n

\n 12.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 26.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $70,899<\/span>\n <\/p>\n<\/td>\n

\n

\n $61,111<\/span>\n <\/p>\n<\/td>\n

\n

\n $78,150<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Atlanta, GA<\/span>\n <\/p>\n<\/td>\n

\n

\n $377,128<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,602<\/span>\n <\/p>\n<\/td>\n

\n

\n $104,087<\/span>\n <\/p>\n<\/td>\n

\n

\n 19.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 48.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $80,791<\/span>\n <\/p>\n<\/td>\n

\n

\n $72,194<\/span>\n <\/p>\n<\/td>\n

\n

\n $79,237<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Boston, MA<\/span>\n <\/p>\n<\/td>\n

\n

\n $687,322<\/span>\n <\/p>\n<\/td>\n

\n

\n $4,570<\/span>\n <\/p>\n<\/td>\n

\n

\n $182,814<\/span>\n <\/p>\n<\/td>\n

\n

\n 3.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 18.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $98,192<\/span>\n <\/p>\n<\/td>\n

\n

\n $77,684<\/span>\n <\/p>\n<\/td>\n

\n

\n $103,578<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Phoenix, AZ<\/span>\n <\/p>\n<\/td>\n

\n

\n $450,312<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,760<\/span>\n <\/p>\n<\/td>\n

\n

\n $110,411<\/span>\n <\/p>\n<\/td>\n

\n

\n 3.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 23.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $71,345<\/span>\n <\/p>\n<\/td>\n

\n

\n $61,111<\/span>\n <\/p>\n<\/td>\n

\n

\n $95,292<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n San Francisco, CA<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,129,853<\/span>\n <\/p>\n<\/td>\n

\n

\n $7,220<\/span>\n <\/p>\n<\/td>\n

\n

\n $288,815<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 14.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $88,767<\/span>\n <\/p>\n<\/td>\n

\n

\n $72,505<\/span>\n <\/p>\n<\/td>\n

\n

\n $98,814<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Riverside, CA<\/span>\n <\/p>\n<\/td>\n

\n

\n $582,400<\/span>\n <\/p>\n<\/td>\n

\n

\n $3,768<\/span>\n <\/p>\n<\/td>\n

\n

\n $150,730<\/span>\n <\/p>\n<\/td>\n

\n

\n 5.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 12.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $66,539<\/span>\n <\/p>\n<\/td>\n

\n

\n $74,887<\/span>\n <\/p>\n<\/td>\n

\n

\n $100,782<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Detroit, MI<\/span>\n <\/p>\n<\/td>\n

\n

\n $246,782<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,735<\/span>\n <\/p>\n<\/td>\n

\n

\n $69,412<\/span>\n <\/p>\n<\/td>\n

\n

\n 28.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 59.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $93,220<\/span>\n <\/p>\n<\/td>\n

\n

\n $47,646<\/span>\n <\/p>\n<\/td>\n

\n

\n $78,305<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Seattle, WA<\/span>\n <\/p>\n<\/td>\n

\n

\n $732,246<\/span>\n <\/p>\n<\/td>\n

\n

\n $4,762<\/span>\n <\/p>\n<\/td>\n

\n

\n $190,462<\/span>\n <\/p>\n<\/td>\n

\n

\n 2.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 13.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $71,883<\/span>\n <\/p>\n<\/td>\n

\n

\n $77,684<\/span>\n <\/p>\n<\/td>\n

\n

\n $88,042<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Minneapolis, MN<\/span>\n <\/p>\n<\/td>\n

\n

\n $364,854<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,581<\/span>\n <\/p>\n<\/td>\n

\n

\n $103,238<\/span>\n <\/p>\n<\/td>\n

\n

\n 9.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 47.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $88,042<\/span>\n <\/p>\n<\/td>\n

\n

\n $61,111<\/span>\n <\/p>\n<\/td>\n

\n

\n $101,507<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n San Diego, CA<\/span>\n <\/p>\n<\/td>\n

\n

\n $932,386<\/span>\n <\/p>\n<\/td>\n

\n

\n $5,864<\/span>\n <\/p>\n<\/td>\n

\n

\n $234,569<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 6.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $80,170<\/span>\n <\/p>\n<\/td>\n

\n

\n $75,198<\/span>\n <\/p>\n<\/td>\n

\n

\n $148,117<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Tampa, FL<\/span>\n <\/p>\n<\/td>\n

\n

\n $367,868<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,536<\/span>\n <\/p>\n<\/td>\n

\n

\n $101,445<\/span>\n <\/p>\n<\/td>\n

\n

\n 12.3\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 24.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $124,294<\/span>\n <\/p>\n<\/td>\n

\n

\n $61,111<\/span>\n <\/p>\n<\/td>\n

\n

\n $103,578<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Denver, CO<\/span>\n <\/p>\n<\/td>\n

\n

\n $578,402<\/span>\n <\/p>\n<\/td>\n

\n

\n $3,682<\/span>\n <\/p>\n<\/td>\n

\n

\n $147,269<\/span>\n <\/p>\n<\/td>\n

\n

\n 3.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 24.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $85,970<\/span>\n <\/p>\n<\/td>\n

\n

\n $64,219<\/span>\n <\/p>\n<\/td>\n

\n

\n $100,802<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Baltimore, MD<\/span>\n <\/p>\n<\/td>\n

\n

\n $383,897<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,562<\/span>\n <\/p>\n<\/td>\n

\n

\n $102,481<\/span>\n <\/p>\n<\/td>\n

\n

\n 25.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 59.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $80,791<\/span>\n <\/p>\n<\/td>\n

\n

\n $67,326<\/span>\n <\/p>\n<\/td>\n

\n

\n $82,863<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n St. Louis, MO<\/span>\n <\/p>\n<\/td>\n

\n

\n $248,944<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,794<\/span>\n <\/p>\n<\/td>\n

\n

\n $71,756<\/span>\n <\/p>\n<\/td>\n

\n

\n 30.3\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 61.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $79,237<\/span>\n <\/p>\n<\/td>\n

\n

\n $48,889<\/span>\n <\/p>\n<\/td>\n

\n

\n $88,249<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Orlando, FL<\/span>\n <\/p>\n<\/td>\n

\n

\n $389,796<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,654<\/span>\n <\/p>\n<\/td>\n

\n

\n $106,159<\/span>\n <\/p>\n<\/td>\n

\n

\n 12.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 25.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $79,755<\/span>\n <\/p>\n<\/td>\n

\n

\n $66,290<\/span>\n <\/p>\n<\/td>\n

\n

\n $99,435<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Charlotte, NC<\/span>\n <\/p>\n<\/td>\n

\n

\n $376,608<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,406<\/span>\n <\/p>\n<\/td>\n

\n

\n $96,252<\/span>\n <\/p>\n<\/td>\n

\n

\n 9.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 41.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $78,927<\/span>\n <\/p>\n<\/td>\n

\n

\n $56,968<\/span>\n <\/p>\n<\/td>\n

\n

\n $84,934<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n San Antonio, TX<\/span>\n <\/p>\n<\/td>\n

\n

\n $279,985<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,935<\/span>\n <\/p>\n<\/td>\n

\n

\n $77,384<\/span>\n <\/p>\n<\/td>\n

\n

\n 17.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 46.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $73,541<\/span>\n <\/p>\n<\/td>\n

\n

\n $59,040<\/span>\n <\/p>\n<\/td>\n

\n

\n $76,648<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Portland, OR<\/span>\n <\/p>\n<\/td>\n

\n

\n $540,758<\/span>\n <\/p>\n<\/td>\n

\n

\n $3,578<\/span>\n <\/p>\n<\/td>\n

\n

\n $143,126<\/span>\n <\/p>\n<\/td>\n

\n

\n 3.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 14.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $88,042<\/span>\n <\/p>\n<\/td>\n

\n

\n $62,147<\/span>\n <\/p>\n<\/td>\n

\n

\n $87,627<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Sacramento, CA<\/span>\n <\/p>\n<\/td>\n

\n

\n $574,042<\/span>\n <\/p>\n<\/td>\n

\n

\n $3,739<\/span>\n <\/p>\n<\/td>\n

\n

\n $149,574<\/span>\n <\/p>\n<\/td>\n

\n

\n 2.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 12.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $97,156<\/span>\n <\/p>\n<\/td>\n

\n

\n $70,640<\/span>\n <\/p>\n<\/td>\n

\n

\n $92,703<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Pittsburgh, PA<\/span>\n <\/p>\n<\/td>\n

\n

\n $209,684<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,503<\/span>\n <\/p>\n<\/td>\n

\n

\n $60,103<\/span>\n <\/p>\n<\/td>\n

\n

\n 23.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 60.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $81,620<\/span>\n <\/p>\n<\/td>\n

\n

\n $41,431<\/span>\n <\/p>\n<\/td>\n

\n

\n $106,893<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Cincinnati, OH<\/span>\n <\/p>\n<\/td>\n

\n

\n $281,154<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,842<\/span>\n <\/p>\n<\/td>\n

\n

\n $73,686<\/span>\n <\/p>\n<\/td>\n

\n

\n 17.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 59.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $63,493<\/span>\n <\/p>\n<\/td>\n

\n

\n $48,319<\/span>\n <\/p>\n<\/td>\n

\n

\n $83,898<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Austin, TX<\/span>\n <\/p>\n<\/td>\n

\n

\n $442,669<\/span>\n <\/p>\n<\/td>\n

\n

\n $3,034<\/span>\n <\/p>\n<\/td>\n

\n

\n $121,370<\/span>\n <\/p>\n<\/td>\n

\n

\n 6.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 30.3\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $79,507<\/span>\n <\/p>\n<\/td>\n

\n

\n $74,576<\/span>\n <\/p>\n<\/td>\n

\n

\n $100,471<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Las Vegas, NV<\/span>\n <\/p>\n<\/td>\n

\n

\n $428,628<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,653<\/span>\n <\/p>\n<\/td>\n

\n

\n $106,107<\/span>\n <\/p>\n<\/td>\n

\n

\n 7.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 20.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $99,435<\/span>\n <\/p>\n<\/td>\n

\n

\n $58,004<\/span>\n <\/p>\n<\/td>\n

\n

\n $85,970<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Kansas City, MO<\/span>\n <\/p>\n<\/td>\n

\n

\n $298,143<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,102<\/span>\n <\/p>\n<\/td>\n

\n

\n $84,077<\/span>\n <\/p>\n<\/td>\n

\n

\n 17.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 52.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $88,042<\/span>\n <\/p>\n<\/td>\n

\n

\n $51,789<\/span>\n <\/p>\n<\/td>\n

\n

\n $104,821<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Columbus, OH<\/span>\n <\/p>\n<\/td>\n

\n

\n $310,104<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,206<\/span>\n <\/p>\n<\/td>\n

\n

\n $88,221<\/span>\n <\/p>\n<\/td>\n

\n

\n 12.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 47.2\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $73,541<\/span>\n <\/p>\n<\/td>\n

\n

\n $51,789<\/span>\n <\/p>\n<\/td>\n

\n

\n $92,703<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Indianapolis, IN<\/span>\n <\/p>\n<\/td>\n

\n

\n $272,544<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,846<\/span>\n <\/p>\n<\/td>\n

\n

\n $73,842<\/span>\n <\/p>\n<\/td>\n

\n

\n 22.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 59.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $77,684<\/span>\n <\/p>\n<\/td>\n

\n

\n $54,171<\/span>\n <\/p>\n<\/td>\n

\n

\n $90,735<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Cleveland, OH<\/span>\n <\/p>\n<\/td>\n

\n

\n $225,119<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,654<\/span>\n <\/p>\n<\/td>\n

\n

\n $66,159<\/span>\n <\/p>\n<\/td>\n

\n

\n 22.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 59.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $78,720<\/span>\n <\/p>\n<\/td>\n

\n

\n $41,431<\/span>\n <\/p>\n<\/td>\n

\n

\n $85,245<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n San Jose, CA<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,607,357<\/span>\n <\/p>\n<\/td>\n

\n

\n $10,002<\/span>\n <\/p>\n<\/td>\n

\n

\n $400,078<\/span>\n <\/p>\n<\/td>\n

\n

\n 0.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 5.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $87,109<\/span>\n <\/p>\n<\/td>\n

\n

\n $90,113<\/span>\n <\/p>\n<\/td>\n

\n

\n $77,684<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Nashville, TN<\/span>\n <\/p>\n<\/td>\n

\n

\n $440,417<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,793<\/span>\n <\/p>\n<\/td>\n

\n

\n $111,709<\/span>\n <\/p>\n<\/td>\n

\n

\n 3.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 26.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $104,614<\/span>\n <\/p>\n<\/td>\n

\n

\n $58,025<\/span>\n <\/p>\n<\/td>\n

\n

\n $112,900<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Virginia Beach, VA<\/span>\n <\/p>\n<\/td>\n

\n

\n $347,993<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,361<\/span>\n <\/p>\n<\/td>\n

\n

\n $94,454<\/span>\n <\/p>\n<\/td>\n

\n

\n 8.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 53.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $84,209<\/span>\n <\/p>\n<\/td>\n

\n

\n $53,861<\/span>\n <\/p>\n<\/td>\n

\n

\n $91,563<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Providence, RI<\/span>\n <\/p>\n<\/td>\n

\n

\n $477,077<\/span>\n <\/p>\n<\/td>\n

\n

\n $3,246<\/span>\n <\/p>\n<\/td>\n

\n

\n $129,856<\/span>\n <\/p>\n<\/td>\n

\n

\n 4.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 16.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $76,648<\/span>\n <\/p>\n<\/td>\n

\n

\n $61,733<\/span>\n <\/p>\n<\/td>\n

\n

\n $82,867<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Jacksonville, FL<\/span>\n <\/p>\n<\/td>\n

\n

\n $348,956<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,495<\/span>\n <\/p>\n<\/td>\n

\n

\n $99,794<\/span>\n <\/p>\n<\/td>\n

\n

\n 11.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 34.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $94,774<\/span>\n <\/p>\n<\/td>\n

\n

\n $55,932<\/span>\n <\/p>\n<\/td>\n

\n

\n $116,318<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Milwaukee, WI<\/span>\n <\/p>\n<\/td>\n

\n

\n $341,543<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,694<\/span>\n <\/p>\n<\/td>\n

\n

\n $107,775<\/span>\n <\/p>\n<\/td>\n

\n

\n 10.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 41.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $113,936<\/span>\n <\/p>\n<\/td>\n

\n

\n $43,710<\/span>\n <\/p>\n<\/td>\n

\n

\n $123,258<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Oklahoma City, OK<\/span>\n <\/p>\n<\/td>\n

\n

\n $229,767<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,681<\/span>\n <\/p>\n<\/td>\n

\n

\n $67,227<\/span>\n <\/p>\n<\/td>\n

\n

\n 18.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 46.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $113,522<\/span>\n <\/p>\n<\/td>\n

\n

\n $51,789<\/span>\n <\/p>\n<\/td>\n

\n

\n $99,435<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Raleigh, NC<\/span>\n <\/p>\n<\/td>\n

\n

\n $436,744<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,864<\/span>\n <\/p>\n<\/td>\n

\n

\n $114,573<\/span>\n <\/p>\n<\/td>\n

\n

\n 4.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 41.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $96,846<\/span>\n <\/p>\n<\/td>\n

\n

\n $65,254<\/span>\n <\/p>\n<\/td>\n

\n

\n $91,149<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Memphis, TN<\/span>\n <\/p>\n<\/td>\n

\n

\n $232,491<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,633<\/span>\n <\/p>\n<\/td>\n

\n

\n $65,337<\/span>\n <\/p>\n<\/td>\n

\n

\n 29.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 59.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $84,934<\/span>\n <\/p>\n<\/td>\n

\n

\n $50,753<\/span>\n <\/p>\n<\/td>\n

\n

\n $148,117<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Richmond, VA<\/span>\n <\/p>\n<\/td>\n

\n

\n $368,933<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,429<\/span>\n <\/p>\n<\/td>\n

\n

\n $97,178<\/span>\n <\/p>\n<\/td>\n

\n

\n 13.8\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 52.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $96,535<\/span>\n <\/p>\n<\/td>\n

\n

\n $62,665<\/span>\n <\/p>\n<\/td>\n

\n

\n $98,296<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Louisville, KY<\/span>\n <\/p>\n<\/td>\n

\n

\n $255,717<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,707<\/span>\n <\/p>\n<\/td>\n

\n

\n $68,298<\/span>\n <\/p>\n<\/td>\n

\n

\n 14.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 55.6\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $129,473<\/span>\n <\/p>\n<\/td>\n

\n

\n $43,089<\/span>\n <\/p>\n<\/td>\n

\n

\n $113,936<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n New Orleans, LA<\/span>\n <\/p>\n<\/td>\n

\n

\n $234,078<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,684<\/span>\n <\/p>\n<\/td>\n

\n

\n $67,370<\/span>\n <\/p>\n<\/td>\n

\n

\n 9.1\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 47.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $89,077<\/span>\n <\/p>\n<\/td>\n

\n

\n $41,431<\/span>\n <\/p>\n<\/td>\n

\n

\n $102,646<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Salt Lake City, UT<\/span>\n <\/p>\n<\/td>\n

\n

\n $541,465<\/span>\n <\/p>\n<\/td>\n

\n

\n $3,373<\/span>\n <\/p>\n<\/td>\n

\n

\n $134,936<\/span>\n <\/p>\n<\/td>\n

\n

\n 16.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 17.9\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $96,949<\/span>\n <\/p>\n<\/td>\n

\n

\n $98,399<\/span>\n <\/p>\n<\/td>\n

\n

\n $93,220<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Hartford, CT<\/span>\n <\/p>\n<\/td>\n

\n

\n $360,289<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,663<\/span>\n <\/p>\n<\/td>\n

\n

\n $106,511<\/span>\n <\/p>\n<\/td>\n

\n

\n 17.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 46.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $157,025<\/span>\n <\/p>\n<\/td>\n

\n

\n $70,433<\/span>\n <\/p>\n<\/td>\n

\n

\n $113,833<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Buffalo, NY<\/span>\n <\/p>\n<\/td>\n

\n

\n $254,148<\/span>\n <\/p>\n<\/td>\n

\n

\n $2,023<\/span>\n <\/p>\n<\/td>\n

\n

\n $80,926<\/span>\n <\/p>\n<\/td>\n

\n

\n 13.4\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 52.0\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $104,511<\/span>\n <\/p>\n<\/td>\n

\n

\n $41,431<\/span>\n <\/p>\n<\/td>\n

\n

\n $155,367<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n

\n Birmingham, AL<\/span>\n <\/p>\n<\/td>\n

\n

\n $246,545<\/span>\n <\/p>\n<\/td>\n

\n

\n $1,610<\/span>\n <\/p>\n<\/td>\n

\n

\n $64,405<\/span>\n <\/p>\n<\/td>\n

\n

\n 29.5\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n 54.7\u00a0%<\/span>\n <\/p>\n<\/td>\n

\n

\n $93,220<\/span>\n <\/p>\n<\/td>\n

\n

\n $52,825<\/span>\n <\/p>\n<\/td>\n

\n

\n $109,793<\/span>\n <\/p>\n<\/td>\n<\/tr>\n<\/table><\/div>\n

\n\n\n\n\n
\n \n <\/td>\n<\/tr>\n
\n

\n
\n *Table ordered by market size<\/i>\u00a0<\/span>\n <\/p>\n<\/td>\n<\/tr>\n

\n \n <\/td>\n<\/tr>\n<\/table><\/div>\n

\n About Zillow Group:<\/b>\n <\/p>\n

Zillow Group, Inc. (Nasdaq: Z and ZG) is reimagining real estate to make home a reality for more and more people. As the most visited real estate website in the United States<\/span>, Zillow and its affiliates help people find and get the home they want by connecting them with digital solutions, dedicated partners and agents, and easier buying, selling, financing, and renting experiences.<\/p>\n

Zillow Group’s affiliates, subsidiaries and brands include Zillow\u00ae, Zillow Premier Agent\u00ae, Zillow Home Loans\u2120, Zillow Rentals\u00ae, Trulia\u00ae, Out East\u00ae, StreetEasy\u00ae, HotPads\u00ae, ShowingTime+\u2120, Spruce\u00ae, and Follow Up Boss\u00ae.<\/p>\n

All marks herein are owned by MFTB Holdco, Inc., a Zillow affiliate. Zillow Home Loans, LLC is an Equal Housing Lender, NMLS #10287 (www.nmlsconsumeraccess.org<\/a><\/u>). \u00a9 2025 MFTB Holdco, Inc., a Zillow affiliate.<\/p>\n

\n 1<\/sup>\u00a0Affordability is based on total monthly costs \u2014 taxes, insurance, and maintenance \u2014 with a 20% down payment and mortgage costs under 30% of income, as of 2024.<\/p>\n

\u00a0<\/p>\n

\n \"Cision\" View original content to download multimedia:https:\/\/www.prnewswire.com\/news-releases\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline-302381199.html<\/a><\/p>\n

SOURCE Zillow<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire SEATTLE , Feb. 20, 2025 \/PRNewswire\/ — While recent first-time home buyer rates have declined nationally, Black buyers have experienced the strongest rebound. A recent Zillow\u00ae survey found that 62% of Black home buyers purchased their first home in 2024, holding steady from the previous year. In comparison, overall, first-time buyers made up just 44% of the market, down from 50% in 2023. After a sharp drop from 47% in 2019 to 35% in 2021, the share of Black first-time buyers rebounded to 55% in 2022 and hit a record 63% in 2023 \u2014 outpacing other racial groups and the national trend. “Despite affordability challenges, Black first-time home buyers are demonstrating a strong commitment to homeownership, a key … <\/p>\n

Continue reading “Black first-time home buyers see strongest rebound as national rates decline”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-815437","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBlack first-time home buyers see strongest rebound as national rates decline - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Black first-time home buyers see strongest rebound as national rates decline - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire SEATTLE , Feb. 20, 2025 \/PRNewswire\/ — While recent first-time home buyer rates have declined nationally, Black buyers have experienced the strongest rebound. A recent Zillow\u00ae survey found that 62% of Black home buyers purchased their first home in 2024, holding steady from the previous year. In comparison, overall, first-time buyers made up just 44% of the market, down from 50% in 2023. After a sharp drop from 47% in 2019 to 35% in 2021, the share of Black first-time buyers rebounded to 55% in 2022 and hit a record 63% in 2023 \u2014 outpacing other racial groups and the national trend. “Despite affordability challenges, Black first-time home buyers are demonstrating a strong commitment to homeownership, a key … Continue reading "Black first-time home buyers see strongest rebound as national rates decline"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-20T12:24:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/844956\/Zillow.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Black first-time home buyers see strongest rebound as national rates decline\",\"datePublished\":\"2025-02-20T12:24:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline\\\/\"},\"wordCount\":878,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/844956\\\/Zillow.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/black-first-time-home-buyers-see-strongest-rebound-as-national-rates-decline\\\/\",\"name\":\"Black first-time home buyers see strongest rebound as national rates decline - 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