The 2024 State of Black Housing report highlights that women account for 38 percent of Black applicants for home loans, followed by men at 33 percent, and 23 percent representing joint applications from men and women.
The report indicates that women and millennials are leading the push for Black homeownership. However, a significant racial gap remains. In 2023, 74 percent of white families owned homes compared to 45 percent of Black families.