Latinas Are Entering the Luxury Market

 Latinas Are Entering the Luxury Market | Latina on Real Estate

Recently, HLC Media Group announced the release of a survey of nearly 400 Latinas. The subjects were surveyed about several different things, including how they see themselves, their preferred language for communication, and content consumption.

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Uncommon States with a High Percentage of Hispanic Homeowners

Uncommon States with a High Percentage of Hispanic Homeowners | Latina on Real Estate

As we recently discussed, buyer demand continues to outpace the supply of homes for sale, and this lack of inventory is contributing to rising prices. The bright side of low inventory, however, is that it is giving some current homeowners the opportunity to sell their current homes and look for the houses of their dreams!

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Homeowner’s Net Worth Is 45x Greater Than A Renter’s

Homeowner’s Net Worth Is 45x Greater Than A Renter’s | Latina on Real Estate

Every three years, the Federal Reserve conducts a Survey of Consumer Finances in which they collect data across all economic and social groups. The latest survey, which includes data from 2010-2013, reports that a homeowner’s net worth is 36 times greater than that of a renter ($194,500 vs. $5,400).

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The Demand for Real Estate Information on a Mobile Device Is Increasing

The Demand for Real Estate Information on a Mobile Device Is Increasing | Latina on Real Estate

As soon as many of us wake up, we look for our phone to see what is going on; the information is always at our finger tips! Even when we must make an important decision, we are searching online to make sure we make the right one. It comes as no surprise then that when we want to buy a home, we look for real estate information right on our mobile device. More recently, the demand for real estate information on a mobile device has increased, as it was explained by Steve Deggendorf, Director of Market Insights Research at Fannie Mae.

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