NAC Blog: 2021 Latino Homeownership Rate Released

It’s official, the U.S. Census Bureau’s homeownership data is out for 2021. Before we go any further, the Latino homeownership rate as of 2021 is 48.4%. In case you missed it, here is the press release we sent out last week with our response to the new numbers. So, let’s break it down. I know you might be asking, is this a good thing or a bad thing? The not so simple answer is, it’s both. Here is what you need to know about the new homeownership numbers.

2021 Annual Housing Census Data Confirms Continued Increase in Latino Homeownership Rate but Gains Trailed the Overall Market

The National Association of Hispanic Real Estate Professionals® (NAHREP®) celebrates this week’s release of 2021 homeownership data from the U.S. Census Bureau’s Current Population Survey/Housing Vacancy Survey. The data shows that Hispanic households saw an upward trajectory in 2021 despite facing one of the most difficult housing markets for first-time homebuyers in history.

NAC Blog: Intentional Networking, Maximizing Your National Convention Experience

Before immigrating to the U.S., my dad was a teacher in Mexico. For the first few years he was here, he was working in the fields of Central California picking celery, hustling every day. He would do any random job he could get his hands on, from washing dishes and waiting tables to washing cars, until one day someone asked him if he knew how to cut trees. Of course, he said he was an expert and had been cutting trees all his life (he had never cut a tree in his life). He borrowed a truck from my uncle, rented equipment, and was at the lady’s house the next day ready to work and “figure it out”.

NAC Blog: A Conversation with President Obama, 44th President of the United States

I’ve always loved learning about history, and I still do. It’s identifying those key moments, events, and people who created a bend in the timeline of history, altered daily life, impacted a course of events, or changed our values. As a kid, I always wondered if the people who were witnessing these historic moments in real-time even knew they were what I like to call “life-bending” moments.

NAC Blog: All Politics are Local

The NAHREP Policy Department is currently working long hours to make sure the State of Hispanic Homeownership Report is ready by March 2022. A critical component of the report is the annual list of policy priorities that serves as the basis for our advocacy work for the rest of the year. While these priorities focus on national advocacy, a critical component of our policy priorities is actually local.

NAC Blog: In Poker and the Stock Market, Blue Chips are Gold

We haven’t done any wonky terms of the week in a while. So, in light of it still being January, the month of the year when we are still gung-ho about self-improvement, I thought we would focus on our financial health and the power of stock market investments. NAHREP 10 Principle #5: INVEST AT LEAST 20% OF YOUR INCOME IN REAL ESTATE AND STOCKS because they are the best and safest ways to build wealth (investing in other businesses does not count). If you read the State of Hispanic Wealth Report, you’ll see that Latinos are driving homeownership growth and are increasingly becoming real estate investors. However, Latinos are less diversified in their assets today than they were prior to the housing crash!

NAC Blog: NAC New Year’s Resolutions

Like most of you, I spent this past weekend thinking about my New Year’s resolutions. I know I’m not alone in including “working on my health” as one of them. But my decision this year was to think about health beyond the traditional “working out and eating less processed food.” I want to think about getting healthier as moving, exploring, and just plain LIVING. I want to go on more hikes, and run and rollerblade by the ocean. I want to swap gym visits for dance parties in my garden. I want to swim more and skip around. A slight change in mindset, as all of you know, can lead to seismic changes in results. Thinking about my health as living and moving makes it much more exciting to me.

Danny Hastings Named 2022-23 NAHREP Artist-in-Residence

14 December 2021, San Diego – The National Association of Hispanic Real Estate Professionals (NAHREP) announces the appointment of Danny Hastings as Artist-in-Residence for 2022-23.
A creative dynamo, Hastings has designed over 150 album covers and directed over 40 music videos working alongside artists as diverse as P. Diddy, Taylor Momsen, Marc Anthony, Jodeci, Wu-Tang Clan, Eminem, KRS-One, Jay-Z, A Tribe Called Quest and Jeru the Damaja.

NAC Blog: Labor shortage or an entrepreneurial boom?

There’s been a lot of talk lately about the national labor shortages. Many have blamed the extended unemployment benefits and are quick to think that people might be “too lazy” to go back to work after receiving COVID-relief benefits. However, I challenge you to consider this: An unprecedented amount of people, particularly young people, have started their own businesses over the past two years.