In a recent article, The Pew Research Center mentioned that “Millennials have become the nation’s largest living generation, surpassing Baby Boomers. Now numbering 75.4 million, the Millennial population continues to grow as young immigrants expand its ranks…This demographic shift is particularly evident among Hispanics: Nearly six-in-ten Hispanics are Millennials or younger…”
Are Hispanic Millennials important to the housing market?
Continue reading Hispanic Millennials Are Driving Household Formation
Part of the American Dream is having the opportunity to own your own home! Unfortunately, some people believe that they don’t qualify to buy based on what they have seen in commercials or have heard from their friends; They believe that in order to buy, they need a FICO score of 800 or higher (which is the key number that we see in many commercials).
Continue reading What FICO Score Do You Need to Buy a Home?
In their report “The State of the Nation’s Housing 2016,” The Joint Center for Housing Studies (JCHS) of Harvard University mentioned that “…over 36 percent of US households [opted] to rent in 2015 – the largest share since the late 1960s. Indeed, the number of renters increased by 9 million over the past decade, the largest 10-year gain on record. Rental demand has risen across all age groups, income levels and household types…”
Continue reading A High Percentage of Hispanics Are Renters
We often hear comments that, occasionally, create stereotypes and ideas that are untrue! Lately, with the recent change in government, we have been hearing so much about the Hispanic community that we decided we needed to find the truth.
Continue reading Latinos Will Influence the Housing Industry
When it’s time to buy a home, one of the first things that is checked is your credit score. This can be a challenge for many.
Continue reading Hispanics Are More Likely to Be Credit Invisible