The Urban Institute projects that between 2020 and 2040, 70% of the net new homeowner households will be Hispanic.
The Latino homeownership rate increased again in 2020 for the sixth consecutive year despite the health and economic damages of the COVID-19 pandemic! This is important news because it’s the growing Latino homebuyer population that’s driving the housing market, which is helping with keeping the U.S. economy afloat.
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