Did you know that Wells Fargo denied more than 50% of Black applicants for home loans? Did you know that over $20 billion in wealth has been created in white communities due to racial disparities in real estate, while the Black community has lost over $13 billion?
These are not just numbers. These are real-life consequences of a system that continues to limit access to homeownership and generational wealth for Black families.
The Wealth Gap in Real Estate
Since the pandemic, Black homeowners have faced:
✅ Higher denial rates for mortgage refinancing
✅ Limited access to fair lending opportunities
✅ Only a 4% increase in wealth over the last two years
Meanwhile, white communities have gained over $20 billion in wealth growth—not because they worked harder, but because the system worked in their favor.
So, What Can We Do?
I refuse to focus on the deficit. Instead, I’m focused on the solutions.
Educate and Empower
Understanding the home-buying process, interest rates, and financial literacy is the first step to navigating the system successfully.
Advocate for Fair Lending
Push for policies that hold banks and lenders accountable for discriminatory practices.
Invest in Homeownership
Despite systemic barriers, owning a home is still one of the most powerful ways to build generational wealth.
I am Tayla Andre, and these statistics aren’t just disappointing—they’re unacceptable. But instead of dwelling on what’s broken, I’m here to help you break through.
If you’re ready to take control of your financial future, build generational wealth, and become a homeowner, I’m here to help. Let’s move forward—together.
#Realtor #RealEstateAgent #FinancialLiteracy #InvestmentProperty