The homeownership rate among black Americans both locally and across the U.S. is disproportionately lower than that of other racial groups, according to a new study from online marketplace LendingTree.
In greater Milwaukee, 16.37% of the population identifies as black, but just 7.5% of owner-occupied homes in the area are black owned. The 9.22% difference makes Milwaukee and its surrounding counties third on a list of metro areas with the lowest percentages of black homeowners compared with population.…
