A Recount of 2016: The Housing Market & the Hispanic Community

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A Recount of 2016: The Housing Market & the Hispanic Community | Latina on Real Estate

At the end of each year, we tend to look back and reflect on the time passed as well as make plans for the future. Because of this, we decided to recount some of our favorite quotes that we’ve shared, making sure to link them to the blogs that they appeared in:

  • “The rate of Hispanic Homeowners keeps increasing! 3Q 2016: 47.0%.” – U.S. Census Bureau
  • Hispanics will account for 52% of new homeowners between 2010 and 2030.” – The Urban Institute
  • “Of the Hispanics surveyed, 70% agreed that owning their home is necessary to live the American Dream.” – Zillow
  • 65% of millennials believe that homeownership and the American Dream go hand-in-hand”. Zillow
  • 27% of active-service military home buyers identified as Hispanic/Latino.” – NAR
  • “The buying power of Latina Millennials is of more than $170 billion and growing.” – Women’s Marketing
  • One in five women in the U.S. is a Latina and own more than one million businesses in the U.S.” – NAHREP
  • “In 2015, Hispanic Americans saw the fastest income growth. As of September 2016, the Hispanic unemployment rate decrease to 6.4%. Between 2014 and 2015, Hispanic household Income increased 6.1%.” – The White House
  • 76% of Hispanics think that housing is an excellent investment and 68% say homeownership is an important goal.” – The Demand Institute

Homeownership is very important to the Hispanic community and these numbers reflect that belief. We will see some of these numbers increase again in 2017!

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