The American Dream, undocumented

BY SUZY KHIMM DURHAM, N.C. – Robbed while crossing the border, Hugo showed up in Durham with little more than a bump on his face where the thieves in the desert had broken his nose. Eighteen years later, Hugo still doesn’t have legal immigration status, but that hasn’t stopped him from securing the trappings of…

Can Immigrants Save Housing?

BY KERRY CURRY August 1, 2014 – With immigration reform stalled, housing professionals look for ways to help undocumented residents achieve the American Dream A surge of illegal immigration over the summer by unaccompanied minors has brought immigration reform and border security into the news in a big way. Still, the dramatic headlines – some…

Hispanics a Major Home Buying Force

The 2013 State of Hispanic Homeownership Report, published by the National Association of Hispanic Real Estate Professionals, finds that Hispanics are expected to comprise 50 percent of all new home buyers by 2020. The U.S. Hispanic population accounted for an increase of 2.6 million owner households–or nearly 47 percent of all home ownership growth in…

NAHREP: Institutional investor activity taking outsized toll on Hispanic homebuyers

Inventory shortage cut growth of Hispanic owner households by 74 percent in 2013 Hispanics have powered more than half of the growth in homeownership in recent years, but a severe shortage of for-sale homes exacerbated by a flood of institutional investors significantly constrained Hispanics’ contribution to homeownership growth in 2013, according to the National Association…