A digest of news reported by mainstream news media and research institutions.
- Author: National Association of Hispanic Real Estate Professionals
March 19, 2012
Homeownership
Much has been written about the culture shift that is under way in our nation as the Hispanic population rises to become a dominant force in American life. As a major driver of the national birth rate, household formation and the U.S. workforce, Latinos are emerging as a consumer powerhouse that is reshaping the market. According to the report “The State of Hispanic Homeownership 2011,” In the housing sector, which is in its sixth year of an epic foreclosure crisis, the story of Hispanic impact began with record homeownership growth from 2000-2006 that was upstaged by disproportionate losses in the foreclosure crisis. Today the untold story is the collective forces that...
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