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Homeownership is the single largest source of wealth for U.S. households. Despite headlines touting America’s booming economy, the reality is that millions in the US are living in financial uncertainty. An alarming number of families do not have the resources to withstand an economic downturn. We see that homeownership in the US currently sits around 63.9 percent. When we break it down by race, we see that 71.9 percent of White households are homeowners, compared to 46.4 percent of all households of color and 41.4 percent Black households. (source: ProsperityNow)

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