Blacks Locked out of CA Housing Market, Study Finds

(CBM) – In 2015, California had the third-lowest homeownership rate in the nation, according to the United States Census Bureau. More than 1.2 million Californians foreclosed on their homes during the Great Recession and until today are still experiencing the impact of those losses.
The Inland Empire and Central Valley have been the slowest-recovering cities. Research has shown that African Americans who apply for conventional or Federal Housing Administration loans are being denied twice