Black-Owned Real Estate Firms

Understanding the Homeownership Gap and the Role of Black-Owned Real Estate Companies

Homeownership is a cornerstone of financial stability and long-term wealth building. However, for Black Americans, achieving this dream has been significantly more challenging compared to their white counterparts. According to data from the Ballard Center, only 43% of Black people owned their homes in 2020, while 72% of white individuals did. This disparity is not accidental but rooted in systemic issues such as discriminatory lending practices, predatory lending during the subprime mortgage crisis, lack of generational wealth, and persistent wage gaps. These barriers have created a homeownership gap that continues to impact Black communities across the United States.

Black-owned real estate companies play a crucial role in addressing these challenges. These firms bring unique insights into the specific obstacles faced by Black homebuyers, making them powerful tools in helping more individuals achieve homeownership. By offering culturally informed services and community-focused approaches, they are actively working to bridge the gap and empower Black families.

Key Black-Owned Real Estate Companies Across the U.S.

Alabama

• Chanda Davis Real Estate – Based in Huntsville, this company is one of the largest minority-female-owned real estate firms in the country. It offers comprehensive services including buying, selling, and property management.
• Barnes & Associates – Located in Birmingham, the firm focuses on serving low-income areas and combating housing discrimination.
• Elite Realty Partners, Inc. – Operating in both Alabama and Florida, this 100% Black-owned brokerage provides top-tier real estate services with a focus on community empowerment.

Arizona

• Fair Homez – Led by Maisha Fair, this firm operates across Arizona and specializes in personalized home-buying and selling experiences.
• The Black Realtor – Keonna Giacomino – Based in Phoenix, she provides expert guidance with a cultural understanding of the local market.

Arkansas

• Plush Homes Company – Founded by Hale, this growing firm in Little Rock helps individuals achieve homeownership and build generational wealth.

California

• The Peebles Corporation – A national real estate investment and development company founded by Don Peebles in 1983, operating in multiple cities across the U.S.
• SoCal Premier Property Management – With over 60 years of combined experience, this firm transforms properties into high-performing assets while supporting underserved communities.

Colorado

• Town and Country Realty – As Colorado’s oldest Black-owned brokerage, it has a long history of supporting families of color in achieving homeownership.
• The Real Estate Ladies at Coldwell Banker Realty – A family-operated team based in Denver, known for its personalized service and expertise.

Connecticut

• Kerida Black Realty – Provides real estate services in Bloomfield, focusing on expert guidance for clients.
• Realizing Homes – Operates in Rocky Hill, assisting clients in achieving their homeownership goals through dedicated support.

Delaware

• ELM Properties – Offers full-service real estate brokerage throughout Delaware, committed to providing a seamless real estate experience.
• Delisia Inge Real Estate – Serves clients in Delaware and Maryland, specializing in home buying and selling.
• Hope Realty – Focuses on helping clients find their dream homes with exceptional service and lasting relationships.

Florida

• Elite Realty Partners, Inc. – Based in Miami/Fort Lauderdale, this firm is known for its commitment to excellence and community empowerment.
• Hashtag Realty Group – A boutique firm in Jacksonville offering personalized residential real estate services.
• Dominion Realty Group – Led by Crystal M. Moore, it provides comprehensive real estate services in Coral Springs and surrounding areas.

Georgia

• Strive Realty Group – A woman-led Atlanta-based firm focused on faith-driven community transformation.

Illinois

• Ani Real Estate – Offers innovative real estate services in Chicago, with a focus on expert guidance.
• Bay Street Realty and Consulting Group, LLC – A WBENC-certified woman-owned firm in Chicago, providing full-service real estate support.

Louisiana

• NOLA Home Realty Group – Co-owned by Melissa Burns McClendon, this firm has achieved significant sales success and is recognized for its community involvement.

Maryland

• MD | Prime Realty Co. – A Black woman-owned boutique firm serving the DC, Maryland, and Virginia areas.
• Momentum Title & Escrow – A 100% Black-owned title company offering efficient real estate services.

Massachusetts

• OnyxGroup Development and Realty – Focused on quality housing and affordable options, with a mission to address socio-economic needs through conscious programs.

Nevada

• Black & Gold Realty – Specializes in property management and real estate sales, known for resilience and community service.

New Jersey

• Destiny Realty – One of the largest independently Black-owned brokerages in the state, led by Donnell Williams.
• English Realty Associates – Established by Whittie English, a Tuskegee Airman, this firm has a long history of advocating for minority homeownership.

New York

• Esra Realty – The oldest Black-owned and operated real estate firm in New York State, serving Harlem since 1925.
• Peace of Mind Realty – A Brooklyn-based firm offering personalized real estate services in residential sales and property management.

North Carolina

• The NOIRE Group – An all-Black residential brokerage prioritizing relationships and community engagement.
• Daniels Real Estate Group – Specializes in the Charlotte market with a strong focus on local expertise.
• Pruitt Miller Realty Group – Known for its consistent performance and comprehensive real estate services in Charlotte.

Oregon

• Vanport Escrow & Title Company – Recognized as Oregon’s first Black-owned title company, promoting homeownership through collaboration.
• Windermere Realty Trust – Debra Neal, Principal Broker – A notable Black professional in Portland, offering client-focused real estate services.

South Carolina

• The NOIRE Group – Extends its services into South Carolina, continuing to offer personalized real estate guidance.

Tennessee

• Concord Realty – A veteran and Black-owned firm in Tennessee and Kentucky, providing property management and real estate services.
• Grande Style Homes – Based in Nashville, this firm specializes in residential properties and offers personalized real estate services.

Texas

• Brooks & Davis Real Estate Firm – One of the largest 100% Black-owned real estate brokerages in the U.S., offering comprehensive services.
• Legacy Homes and Properties LLC – A large Black-owned firm in Houston, focused on community enrichment through educational initiatives.
• Andre Black Realty – Operates in Austin, offering services in buying, selling, and investing in real estate.

Virginia

• CTI Real Estate – A Black-owned, woman-owned firm offering real estate services in Virginia and Maryland, with a strong focus on client satisfaction.