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N.J. has a racial gap in home ownership. Step one to fix that? More Black realtors, group says.
Updated 9:00 AM;
Today 9:00 AM
Clara Lyons-DeVaughn posed in front of a home in Somerdale on Friday. Lyons-DeVaughn chairs the Southern New Jersey Chapter of the National Association of Real Estate Brokers, a nationwide group that is collaborating with the Homelight online listing service on a scholarship program to encourage more African Americans to become brokers.Joe Warner | For NJ Advance Media
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When Assata Thomas was 26 and shopping for a house, she just happened to end up with a realtor who, like her, was Black.
Controversy over proposed changes to real estate commission wsfa.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wsfa.com Daily Mail and Mail on Sunday newspapers.
Diversity “is the new Apple watch – everybody wants it,” said Kimberly Ross, senior vice president, federal relations with the American Council of Life Insurers.
But despite corporate America’s interest in diversity, equity and inclusion, the workforces, board rooms and C-suites of many financial services companies are not representative of the communities they serve, she added.
Addressing this disconnect and advancing DEI in the financial services industry were among the topics discussed during Tuesday’s virtual event “DEI: Expanding Opportunity In Insurance.” The online event was sponsored by ACLI, The American Property Casualty Insurance Association and the Life Insurance Council of New York.
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Even though it has long been outlawed, housing discrimination is still alive and well.
Far too often the housing options and information provided to individuals are limited by the prospective homebuyer’s race, religion, or sex. This is a form of discriminaton known as steering, where someone is pushed or “steered” to or away from certain housing options, often based on their racial background or the demographics of the neighborhood.