Realtists Promote Homeownership Event For Black Veterans

FOR IMMEDIATE RELEASE

Contact:
Laya Gavin
Broker Owner
EXIT Realty Sun City
623-734-1406
laya@exitrealtysuncity.com

Realtists Promote Homeownership Event For Black Veterans

Homebuying Event Hosted by National Association of Real Estate Brokers (NAREB) Phoenix Chapter to Help Black Veterans Build Wealth

Phoenix, AZ (Grassroots Newswire) November 10, 2021 -- Approximately 20 million Black veterans are eligible to use their G.I. benefits to purchase homes, but may not be aware that homeownership remains the best avenue to begin building wealth.  In the month of November, The National Association of Real Estate Brokers (NAREB), the country’s oldest, minority real estate trade group is hosting, nationwide, Homeownership for Veterans events to encourage Black veterans to learn more about the homebuying process and how to take advantage of their G.I. benefits.  The local NAREB chapter, Phoenix Professional Realtist Group is holding its event on Saturday, November 20th, 2021 from 1-4pm at the William H Patterson Elks Lodge #477 at 1007 S 7^th Ave, Phoenix, AZ 85007.

 A lot has changed since NAREB's founders in 1947 first recognized the need to help Black veterans returning from WWII.  G.I benefits were available, but Black veterans at the time did not have the choice of neighborhoods, homes or mortgage loans.  Their desire to live the American Dream remains at the core of NAREB's mission and our efforts to ensure Democracy in Housing for our country's valiant military forces.  Documentation by Ira Katznelson in his 2006 book indicate that of the first 67,000 mortgages insured by the G.I. Bill, fewer than 100 were taken out by non-whites.

 “Democracy In Housing” has been NAREB’s motto and mission and the organization has been the leading voice championing Black real estate professionals and Black homeownership.  There is still much work to be done, and President Lydia Pope says openly from every available platform “I invite you to join us in advocating for fairer credit lending policies and practices that do not penalize an otherwise qualified buyer (and) we ask that you join us in our effort to support funding the housing provisions of President Biden’s “Build Back Better” bill.”

“The staggering gap of homeownership between Blacks and Whites is higher today than it was over 50 years ago with the passing of Fair Housing legislation” said Laya Gavin, Broker Owner for EXIT Realty Sun City and Local Board President for the Phoenix NAREB chapter.  And even larger than it was 80 years ago when the Federal Housing Administration was formed in 1934.  Today, as of second quarter 2021, Black homeownership has dwindled from a high of 49% in 2004 to just over 44%. In comparison, the current homeownership rate for non-Hispanic Whites is about 74%.

Event Chairperson, Tawana Henderson, is excited and predicts that "Here Black veterans and other prospective homeowners attending the free local event will have the opportunity to talk with Black real estate professionals and mortgage lenders to provide information about available homebuying assistance programs as well as mortgage refinance options".

For more information about Phoenix Realtist Professional Group, visit phoenixrealtist.com or call local office 623-734-1406.  Visit www.nareb.com or call NAREB headquarters at: 301-552-9340.

Contact:  Laya Gavin ● Laya@exitrealtysuncity.com ● 623-734-1406

The National Association of Real Estate Brokers (NAREB) was formed in 1947 out of a need to secure the right to equal housing opportunities, regardless of race, creed, or color.  Since its inception, NAREB has participated in and promoted meaningful challenges and supported legislative initiatives to ensure fair housing for all Americans. NAREB annually publishes The State of Housing in Black America report. For more information, visit www.nareb.com.

 

For more information about EXIT Realty Sun City, please call 623-734-1406. EXIT Realty Sun City is located at 18700 N 107th Ave, Ste 33, Sun City, AZ 85373.

About EXIT Realty:
EXIT Realty is a company founded and built on human potential. A full service, forward-thinking, real estate franchisor with offices across North America, EXIT has to-date paid out more than a half a billion dollars in single-level residual income to its associates. The Expert Marketing Suite™ including geolocation Smart Sign™ technology gives sellers an edge in a competitive marketplace. A portion of every transaction fee received by EXIT Realty Corp. International is applied to its charitable fund, and to-date, $6 million has been allocated to charity. For more information, please visit www.exitrealty.com and www.joinexitrealty.com.

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Documents and/or Photos available for this release:

Laya Gavin - NAREB Phoenix Chapter Local Board President
Tawana Henderson - Realtor & Homeownership Event Chairperson

To view supporting documents and/or photos, go to www.enr-corp.com/pressroom and enter Release ID: 437024