DC area among smallest homeownership race gaps
WASHINGTON — White households nationwide continue to have a significantly higher homeownership rate than minority households, but the gap in Washington is among the smallest in the nation. A report published by Apartment List said the homeownership rate in the D.C. area is 63.7 percent for white households , compared to 43.5 percent for black households and 43.4 percent for Hispanic households. The homeownership rate in the D.C. area among Asian households is actually higher than white households , at 64.4 percent. The Asian household homeownership rate is higher than white households in a total of 14 metro areas. Based on those numbers, the overall homeownership gap between white households and minority households in Washington is 15.1 percent, the fourth-smallest in the nation. Only Miami, San Diego, and Jacksonville, Florida, have a smaller homeownership gap . Buffalo and Rochester, New York, have the largest homeownership gaps . In Buffalo, the homeownership gap is 40.5...