Hispanic Homeownership Rate Increases Five Years in A Row

Hispanic Homeownership Rate Increases Five Years in A Row

A recently released report says that the homeownership rate among Hispanics has increased for the fifth consecutive year in 2019.

"¡Mi Primera Casa!" Campaign Determined to Push Latinos Toward Home Ownership

The Hispanic Federation and the New York Urban League have joined forces to introduce a new public education campaign, "¡Mi Primera Casa!" or "My First Home!," to increase multicultural access to home ownership.

Hispanic Millennials Still Live With Parents Despite Working More

Economic recovery has been on the horizon for some time now: full-time employment is up, unemployment is down, and wages have corrected following the recession to meet the needs of young adults in the labor market. Nonetheless, millennials continue to take up residency with their parents, according to a recent Pew report. This is particularly true for many young Hispanics, who are "unbanked" or "underbanked."

Latinos & Homeownership: Could Cultural Spending Habits Keep US Hispanics From Owning Homes?

The thriving U.S. Hispanic population is earning more and gaining influences amid the mainstream, but home ownership for the community has dipped. Could this be due to cultural spending habits and an aversion to acquiring credit?
Real Estate Market

First-Time Hispanic Homebuyers Optimistic, Expect to Find Their First Home Within the Next Five Years

Hispanic homebuyers are ready to move the housing market, according to a new report. More than half of Hispanic homebuyers are comfortable with making a down payment of 20 percent or more on an affordable new home. Additionally, most Hispanics plan to buy their first home within the next five years.
house homes

US Home Sales Hit 6-Year High in May: Larger Impact from Hispanic Homeowners as Consumer Confidence Increases

Consumer confidence reached new heights in June with levels not seen since January 2008. According to the Consumer Board, via MarketWatch, consumer confidence hit 85.2 percent in June, which is the highest percentage since lows during the early recession six years ago.
Advertisement
Real Time Analytics