The State of Homeownership: Progress and Perspective
Homeownership has always been more than just a roof over our heads—it’s one of the most reliable ways to build financial security and community stability. The 2025 State of Equitable Homeownership Report from the National Fair Housing Alliance (NFHA) sheds light on how far we’ve come and what still needs to be done to make that opportunity available to everyone, regardless of background or circumstance.
In recent years, intentional programs like first-generation down payment assistance, inclusive lending initiatives, and expanded credit models have helped more families become homeowners. Yet, the report reminds us that ongoing challenges—from rising costs to limited housing inventory—continue to make homeownership harder for many households nationwide.
Homeownership rates are rising: From 2019 to 2024, homeownership increased across all groups, with the largest gains among first-generation buyers. The overall homeownership gap narrowed—an encouraging sign that targeted programs are making a difference.
National Fair Housing Alliance data shows homeownership rates rising across all demographics from 2019–2024.
Housing costs are straining budgets: The number of housing listings has dropped by nearly half since 2017, while median home prices rose from $249,900 to $409,500. Combined with higher insurance premiums and interest rates, affordability remains a major concern for new buyers.
Lower housing inventory continues to drive home prices upward, shaping affordability challenges nationwide.
Access to credit still matters: New, more inclusive credit models—like using rental payment history and cash-flow data—are helping more people qualify for mortgages. Fair access to credit remains key to sustainable homeownership.
Insurance costs are climbing: Premiums rose 20% from 2022 to 2025, largely due to climate-related risks. For many households, these rising costs threaten long-term affordability.
Why This Matters for DFW
Here in the Dallas–Fort Worth area, demand continues to outpace supply—especially for first-time and mid-level buyers. As local prices and insurance rates increase, the call for fair, accessible lending and sustainable housing policy hits close to home.
As housing costs rise, more households spend over 30% of their income on housing—limiting savings and long-term stability.
The NFHA’s findings serve as a reminder that equitable housing isn’t just a national issue—it’s a local one. Strong communities like ours depend on diverse and stable homeownership, where everyone has the chance to build wealth and feel secure where they live.
How Mosaic Helps
At Mosaic Realty Group, we believe good decisions start with good information. Whether you’re a first-time buyer, preparing to sell, or helping a loved one make a move, our role is to provide honest guidance and resources that make each step clear and manageable.
Our goal is simple: to make homeownership not just possible, but sustainable—for every stage of life and every type of household. We’re proud to support efforts that make homeownership more equitable and accessible for all families.
Learn more about the work of the National Fair Housing Alliance (NFHA) at www.nationalfairhousing.org.
Strong, thriving communities begin with fair and inclusive access to homeownership opportunities.
Ready to Learn More?
Let’s talk about your next move—whether it’s understanding your buying power, preparing your home to sell, or finding your best-fit neighborhood in North Texas.
“Homeownership is one of the most meaningful ways families build stability and wealth. By understanding how equity and access shape that opportunity, we can help more people make confident, informed decisions about their future.”
