Thursday, March 28, 2024

Majority of New Homeowners in U.S. are Latino

More than half of new homeowners in the U.S. are Latino, according to new Census data for the third quarter. Accounting for 53% of new households, the number of Latino owner-occupiers increased from 6.21 million in the second quarter to 6.49 million in the third quarter. Latinos are taking advantage of low prices in the housing market, […]

Hispanic Home Ownership Down

The number of Hispanics who own their own home fell below 50 percent since 2007, according to RealEstateEconomyWatch.com. In 2007, 50.1 percent of Hispanics owned their own home but in 2009 that percentage was down to 46.8, the site reported.  The numbers were taken from the Census Bureau, which showed that overall the percentage of […]