The Asian Real Estate Association of America has announced a partnership with four local Asian real estate associations in the United States aimed at closing "the Asian-American homeownership gap."The association said it will work with its partners -- the Chinese Real Estate Association of America, the Council of Indian American Real Estate, the Chinese American Real Estate Association, and the Filipino American Real Estate Professionals Association -- to "help create a national voice on behalf of Asian-American real estate practitioners." AREAA said it plans to form similar partnerships with other local associations focused on the Asian homebuying market.

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