Gary Acosta on the policy path to Hispanic homeownership

Over the next two decades, housing finance experts predict Hispanic homeowners will make up 70% of all new homeowners. That figure explains at least some of the palpable optimism among attendees of the policy summit the National Association of Hispanic Real Estate Professionals hosted this week in Washington, D.C. Gary Acosta, the trade association’s CEO, however, isn’t taking those projected gains as a given.

NAC Blog: Neily’s Take on Showing Up

As we all get ready for the 2022 National Convention and Housing Policy Summit in Washington D.C. next week, I thought I would interview one of our National Board of Directors and advisor to the National Advocacy Committee, Neily Soto, to talk about her journey in becoming active in the policy discussions of her local community in Massachusetts. Neily is a successful businesswoman who understands the power of getting involved and speaking up, particularly around housing inventory.

NAHREP Welcomes 2022 President-Elect Luis Padilla and Class of 2022 National Board Members

SAN DIEGO—March 1, 2022 — The National Association of Hispanic Real Estate Professionals (NAHREP®) welcomes the class of 2022 National Board of Directors (NBOD) and thanks outgoing members for their dedicated years of service. The NAHREP National Board of Directors guides 100 chapters and 40,000 professionals nationwide, lending insights on the latest industry trends, professional development and leading business practices.

NAC Blog: Immigration is an economic issue

American prosperity has always been built upon the backs of immigrant labor. People can feel different ways about this subject, but no matter which way you put it, immigrants have been critical to filling labor gaps for as long as we can trace the history of this country. Today, there is no denying that we are facing major labor shortages and it is impacting ALL of us. It is increasing the prices for goods and services, and it is impacting our bread and butter: new home construction.

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.