March 25, 2025 - 04:14
Alester Furman Jr. was instrumental in drafting real estate covenants that systematically barred Black individuals from homeownership in Greenville. This practice was not isolated; it was part of a widespread trend across the United States from the 1920s to the 1940s. These covenants were legally binding agreements that enforced racial segregation in housing, reflecting the pervasive racism of the era.
The impact of such discriminatory practices has had lasting repercussions on communities, contributing to the wealth gap and social disparities that persist today. The examination of Furman’s project sheds light on the historical context of these real estate restrictions and encourages a deeper understanding of how past injustices continue to shape present realities.
As communities work towards equity and inclusion, acknowledging and addressing these historical injustices is crucial. The legacy of racially restrictive covenants serves as a reminder of the need for continued advocacy and reform in housing policies to ensure fair access for all individuals, regardless of race.
September 23, 2025 - 02:29
Major Merger in Real Estate Services: Compass and Anywhere Real Estate Join ForcesIn a significant move within the real estate sector, two of the nation`s largest real estate services companies are merging in a deal valued at approximately $10 billion, including debt. This...
September 22, 2025 - 06:21
Historic Sale of Howe Manor Apartments in Arden-Arcade for $18.875 MillionHowe Manor Apartments, a long-standing fixture in Arden-Arcade, has been sold for $18.875 million, marking the first change in ownership since its development in the 1960s. This significant...
September 21, 2025 - 21:45
The Surge in Luxury Rentals: Why the Wealthy in L.A. Prefer Renting Over BuyingIn recent times, Los Angeles has witnessed a remarkable shift in the luxury real estate market as the ultra-wealthy opt for renting high-end properties rather than purchasing them. This trend has...
September 21, 2025 - 01:03
Explore Lucrative Investment Opportunities in San Antonio Housing MarketThe San Antonio housing market is presenting promising investment opportunities, with capitalization rates reaching as high as 6.1%. This trend is attracting both seasoned investors and newcomers...