In 2014, there were 3.6 million Hispanics aged 65 and over in the U.S.; According to the U.S. Department of Health and Human Services, that number is projected to grow to 21.5 million by 2060 (as shown in the graph below).
Continue reading The Housing Challenges Facing Latino Baby Boomers
I recently read an article about “older retirees” leaving the more popular “retirement states” and relocating to the states that they originally left as “young retirees.” The article explained that they “…could be homesick for old friends and neighbors, or want to spend their remaining years close to their children and grandkids.”
Continue reading The Most Popular States among Hispanic Retirees
As National Hispanic Heritage Month comes to an end, so too do our “Thursdays of Interviews.” After 5 weeks of interviews and comments about the Hispanic community’s involvement in the housing market, we want to take this opportunity to report on some projections for the growth in Hispanic Homeownership. Here are some quotes from the experts:
Continue reading Projections for Hispanic Homeownership Growth
In 2014, 60.6 million people, or 19% of the U.S. population, lived with multiple generations under the same roof according to the Pew Research Center. In their report, it is mentioned that among Hispanics, 25% lived in multigenerational family households in 2014. Some of these multigenerational family households include those with grandparents and grandchildren living under the same roof.
Continue reading The Rate of Multigenerational Family Households Among Hispanics
This is a pretty common question that a potential home buyer or seller may be asking themselves. Leading economists in real estate converged in New Orleans this past week as they presented their answer to this question at the 50th Annual Real Estate Journalism Conference for the National Association of Real Estate Editors.
Continue reading What’s Happening in the Real Estate Market?