Friday, December 14, 2018

According to study Latino and Black millennials own fewer homes which will increase wealth gap

Angely Mercado, 26, who has a Master’s degree in journalism, makes a living as a freelance writer; she hopes to land a full-time job at some point. The New York resident was clear when she was asked where home ownership stood on her list of priorities. “I wish it could be higher, but it’s not […]

Latino Millennial Home Ownership Key to Housing Market Growth

According to “The State of the Nation’s Housing” study by the Joint Center for Housing at Harvard University, minorities are expected to drive three-quarters of the gains in the U.S. households in the decade of 2015-2025, and Hispanics will account for one third of those gains. The future of home ownership in America will be […]

Middle-Class Minorities Priced Out of Booming West Coast Markets

According to a report published last week, less than five percent of homes for sale were affordable for middle-class African-American and Hispanic families in 2016. The report zeroed in on the ever-widening homeownership gap between white and nonwhite American families. “[America] is at risk of becoming a renter nation in our largest and wealthiest metros, where […]

Guest Blogger Series: Christian E. Weller “Lifting the Federal Debt Ceiling Key to Latino Prosperity”

Latino families, like African-American and white families, eagerly await a recovery in the U.S. housing market. Their economic security desperately depends on such a recovery, yet the housing market could face another crisis if Republicans in Congress get their way and the federal debt ceiling—the amount that the federal government can borrow—is not raised or […]

New Poll Reveals Latinos Optimistic about achieving American Dream but concerned with Housing Market

The results of a current tracking poll on Latinos and their perspective on the American Dream released today shows that most of them remain optimistic about achieving “the dream,” with most of the respondents expressing they had already reached it or expect to reach it in their lifetime. The poll was conducted by impreMedia, the […]