More Hispanic Americans Are Buying Homes, Helping Stoke Hot Housing Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Hispanic homeownership grew at a record pace last year, fueled by younger buyers who have helped make this demographic a growing force in the red-hot U.S. housing market

The number of Hispanic-homeowner households rose by more than 700,000 to nearly 9 million in 2020, according to Census Bureau data compiled by the National Association of Hispanic Real Estate Professionals, an industry group. Those gains marked the biggest one-year increase in data on Hispanic homeownership going back two decades, NAHREP said.in recent years. Their buying power continues to grow as individuals enter their early 30s, the most typical years for first-time home buyers.

Heidy and Jonathan De La Cruz purchased a newly built home in Deltona, Fla., this spring. “It really, really feels surreal,” said Ms. De La Cruz, who is 28 years old. She said they decided to buy a home after speaking with a friend who works in real estate about the importance of homeownership. “I know more about buying a house than my parents would, and then my daughter will know more than me,” she said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

JohnCornyn I think the new Attorney General should look into what Lindsey Graham & Ted Cruz said they did when they got on TV and said it was a criminal act of the FBI with the FISA warrants! We knew Trump’s collusion with the Russian Government did happen and should come out!

JohnCornyn Does that scare you, Cornynholio?

Why does it matter they are Hispanic? They are people, no different than rest of us. How does racism end if we keep using it?

I am looking for new, good friends

The Trump economy. The greatest America ever saw and the Democrats stole the election from him.

You mean...more white people of Spanish / Latin American ancestry are buying homes? This country was set up for white economic dominance. How is this even news? bufferclass deathtowhitecapitalism

Sure because they are so good in stealing jobs from white people.

Good

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines