Hispanics, in general, are very family oriented. As Livestrong.com mentions, “The needs of the family are more important than the concerns of the individuals, and the individual’s self-esteem and identity is strongly affected by his or her relationship with family members.” Keeping family in mind as a priority, WalletHub recently conducted an analysis of ‘2017’s Best & Worst States to Raise a Family.’
Continue reading The Best States to Raise a Family In
One on the most common comments made about Hispanics in the U.S., as mentioned by Forbes, is “I understand the significant population growth, but this is a low-income segment, they don’t have the [purchasing] power my brand is looking for.” Well, the best retort to that comment is real data.
Continue reading The Number of Affluent Hispanics Is Steadily on the Rise
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
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