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# New Study Says Homeownership For African Americans Has Declined In Michigan
- URL: https://www.dailydetroit.com/new-study-says-homeownership-african-americans-declined-michigan/
- Published: 2018-07-11T12:57:58.000Z
- Updated: 2018-07-11T12:59:23.000Z
- Author: Shianne Nocerini
- Tags: #wordpress, #Import 2024-02-25 18:12

It used to be that Detroit and Michigan were places where black families made progress on home ownership compared to the rest of the country. That’s no longer the case.

A new report from the Urban Institute chronicles homeownership rates for African Americans in Michigan. It says they’ve declined dramatically over the last 18 years, from 60% of African Americans owning homes in 2000 to 41% in 2016\. 

Overall, home ownership among all races declined in Michigan from 79% in 2000 to 76% in 2016\. 

There were fewer than one thousand mortgages written in the city of Detroit last year, a city of more than 650,000 people. Home loans are only being written in a few Detroit neighborhoods, while the rest of the purchases are happening with cash, usually by out of state and out of country investors. 

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