Report: Hispanic Homeownership Spikes in 2015 as Demographic is ‘Ready to Own’

Construction Dive, Mar. 17, 2016–Slowey, Kim

A report by the Hispanic Wealth Project and the National Association of Hispanic Real Estate Professionals found the 2015 U.S. Hispanic homeownership rate saw its biggest full-year increase in more than 10 years–44.5 percent to 46.7 percent. “The Latino community is massive, it’s ready to own, and it’s now,” said Mortgage Bankers Association President and CEO David Stevens. “The significance of Hispanics to housing and the economy will only grow, creating opportunity for all who focus on this vibrant, dynamic and impactful part of the U.S. economy.”