Preferred Properties of Texas

The Preferred way to buy & sell property for over 25 years

(254) 965-7775
  • Home
  • Search
    • Search All Listings
    • Exclusive Listings
    • Featured Listings
    • Texas Farm & Ranch Real Estate
    • Market Reports
    • Login / Register
  • Cities
  • Blog
  • About Preferred Properties of Texas
    • About Us
    • Testimonials
    • Our Google Reviews
  • Contact

Hispanics Account for 62% of Net U.S. Homeownership Over the Past Decade

October 2, 2019 by chorton Leave a Comment

Hispanics Account for 62% of Net U.S. Homeownership Over the Past Decade

A Texas REALTOR with a client holds a sold sign above a for sale sign in front of a home

In 2018, Hispanics achieved a net gain of 362,000 homeowners, according to the 2018 State of Hispanic Homeownership Report released this year by the National Association of Hispanic Real Estate Professionals (NAHREP).

The report also found that from 2008 to 2018 Hispanics accounted for 39.6% of U.S. household formations and represented 62.7% of the increase in U.S. net homeownership.

Research by Fannie Mae shows that 88% of Hispanics said homeownership is a good long-term investment, and 92% said that they are more likely to be homeowners than renters in the future.

The current Hispanic population in the United States is 58.9 million, or about 18% of the overall U.S. population. The Urban Institute projects that Hispanics will account for 56% of all new homeowners by 2030.

Read more takeaways from the 2018 Hispanic Homeownership Report here.

 

Filed Under: Blog Tagged With: demographics, home owner, home ownership, ownership

Preferred Properties of Texas

Preferred Properties of Texas

The Preferred Way to Buy and Sell Property
for Over 25 Years
(254) 965-7775 Office
Contact Preferred Properties of Texas
Listing Alerts Market Reports Your Home's Value

Search our Blog

  • Blog
  • Buying a home
  • Commercial Properties for Sale
  • Events
  • Home Improvements
  • Homes for Sale
  • Investing
  • Land for Sale
  • lots for sale
  • Newsletter
  • Ranches for Sale
  • Real Estate Advice
  • Selling Your Home
  • Uncategorized

Preferred Properties of Texas

(254) 965-7775|Contact Preferred Properties of Texas
Preferred Properties of Texas

TREC Consumer Protection Notice  •  TREC Information About Brokerage Services
Privacy Policy  •  sitemap   •   admin   •   ©2021 All Rights Reserved  •  Real Estate Website Design by IDXCentral.com