“Every neighborhood deserves a vibrant local economy filled with businesses that serve residents’ needs. Equitable access to commercial real estate is key to making that happen” write Tracy Loh and Andre Perry for Bloomberg. Undervaluation of homes plays a large part in racial wealth inequality. According to Fannie Mae, Black homeownership sits at 42 percent while white … [Read more...] about Changing the ownership model.
Equity
No more broken promises.
Brinda Devine has over 25 years of experience in real estate, beginning at age 29 with Acquest Development, where she earned her real estate broker license and served as their Vice President of Asset Management. She then joined Wayne State University, where she established a Real Estate Office which facilitates the purchase and sale of land and buildings for the University, and … [Read more...] about No more broken promises.
Are investors to blame?
“About 2.5 million households shopping for a first home will be shut out of the market this year, estimates Nadia Evangelou, senior economist with the National Association of Realtors. That amounts to 15 percent of all first-time home buyers. In an already daunting market, investor purchasing is adding to the obstacles.” Writes Sophie Kasakove for The New York Times. Large … [Read more...] about Are investors to blame?
Slaying Gentrification.
David Kemper wanted to find a way to safeguard established renters against gentrification. His goal was to build a real-estate investment model that both stabilized existing rents and gave a voice to that community. Too many have suffered from racism and disinvestment in their neighborhoods. Across the country, communities are being torn apart because residents are being priced … [Read more...] about Slaying Gentrification.
Superpower. Stick-to-itness.
"What is your superpower?" This is the question that Devin Thorpe asks every one of his podcast guests in his podcast show, Superpowers for Good, where he focuses on inspirational impact. And true to form, Devin asks Eve the same question in this episode, Developer Becomes a Tech Entrepreneur to Help Community-Focused Peers. Her answer? Stick-to-itness. Eve’s … [Read more...] about Superpower. Stick-to-itness.