10/31/2018
Do you know how the Hispanic demographic is influencing the US Housing Market ?
With more than 51 million Hispanics in the United States, their influence in the American real estate market is becoming increasingly significant. Since 2000, Hispanic home ownership has accounted for 46.5% of the net gains in home ownership. By 2024 an additional 6 million Hispanics households are expected achieve the dream of home ownership, the largest gain of any demographic.
Listed below are additional 2017 data points from MGIC that highlights the Hispanic influence on the housing industry.