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
The homeownership rate, in general, has declined in a big way. As it stands, it is at its lowest level in at least 20 years, which is affecting the opportunities for minorities and youths to obtain housing.
Continue reading Hispanics and Youths Are Being Left Behind in Housing
The Hispanic Wealth Project and NAHREP have joined forces to introduce “Hispanic Wealth Month.” Each year from November 15 to December 15, Hispanic Wealth Month will “encourage Latino families to establish and work toward realistic financial goals with the HWP Wealth Disciplines as a guide to accomplish those goals.”
Continue reading The Hispanic Community Is Encouraged to Create Wealth
Hispanic millennials have become a key component in household formation. Fannie Mae reports that: “Minorities, who will drive household formation in the coming decades, are trending younger. While the median age according to the Census Bureau’s 2015 American Community Survey of white Americans is 43, for Asians it’s 35, for African Americans 32, and for Latinos 29. These younger populations may only now be entering their home-buying years.”
Continue reading Hispanic Millennials Are Now Entering Their Home-Buying Years
Each year in the United States we observe National Hispanic Heritage Month, from September 15th to October 15th, by “recognizing the contributions made by Hispanic and Latino Americans in the United States.”
Continue reading Hispanics Are the Market That Will Streamline Today’s Economy