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Buyers and sellers

Obstacles to home buying

Source: National Association of Realtors

Report date: April 2022

A survey commissioned by NAR looks at hurdles aspiring homeowners face. The survey, conducted by Morning Consult, breaks down responses by race and ethnicity.

Highlights

Nearly all homebuyers across races and ethnicities say homeownership is still the American Dream.
38% of Black potential homebuyers say have they faced discrimination during the home-buying process
At least 3 in 4 potential homebuyers across all races and ethnicities say they are currently or planning to save for a down payment.
Potential buyers across all races and ethnicities cite a lack of affordable homes and a lack of homes that fit their criteria as the primary obstacles to buying a home.