Based on loan requests and housing costs A recent study analyzing mortgage requests for Millennials ages 18-34, showed that homeownership is rising in cities such as Boston, Pittsburgh and Washington, D.C., according to online lending exchange, LendingTree. “The under-35 crowd had been, for some years, hesitant to enter the housing market, but we’re seeing that start…
Dive Brief: A joint report by the Hispanic Wealth Project and the National Association of Hispanic Real Estate Professionals found that the 2015 U.S. Hispanic homeownership rate saw its biggest full-year increase in more than 10 years — 44.5% to 46.7% — according to HousingWire. Since 2000, Hispanic homeownership has risen to 7 million, a gain of 2.8 million, while the…
A new analysis of the rate of home ownership among Latinos in 2015 reported strong growth, with the overall rate improving from 44.5% to 46.7%, the largest one-year increase in more than a decade and the first time that Hispanic home ownership increased since 2009. The analysis, State of Hispanic Homeownership Report (download here, with…
The Hispanic Wealth Project, in collaboration with the National Association of Hispanic Real Estate Professionals (NAHREP) reported Tuesday in their State of Hispanic Homeownership Report that Hispanics have attained measurable homeownership gains for the fifth consecutive year. Despite the mostly stagnant homeownership report, the number of Hispanic buyers entering the market has continued to grow over the last five…
‘Largest one-year spike in more than a decade’ For the first time since 2009, the Hispanic homeownership rate and the number of owned Hispanic households increased, while overall homeownership rates in the U.S. decreased for the 12th time, according to data from the State of Hispanic Homeownership Report put out by the Hispanic Wealth Project and…
Economic uncertainty and our unsettled politics lead the news today, but the most consequential business story is the one not told. It is the good news story of a group of Americans – Latinos – who have been quietly and increasingly powering U.S. economic growth, both as job creators and as consumers. As the U.S.…
The National Association of Hispanic Real Estate Professionals (NAHREP) has named Jason Riveiro as chief marketing officer, bringing more than 10 years of experience in leading multinational strategic initiatives for some of the most recognized Fortune 500 companies on both the agency and client side. Prior to joining NAHREP, he was responsible for launching multicultural…
By Nayeli Pelayo If you would have asked Jerry Ascencio two years ago if he could see himself as an actor, the broker/owner of San Fernando Realty would have probably chuckled and said no. As a multimillion-dollar business owner who manages about 60 employees, and a key leader for the National Association of Hispanic Real…
La Asociación Nacional de Profesionales Hispanos de Bienes Raíces (NAHREP, por sus siglas en inglés) anunció al colombiano Leo Pareja como el nuevo Presidente Electo para este 2016. Además se informó de la incorporación de cuatro nuevos miembros a la junta. Pareja ha sido un agente de bienes raíces por más de una década y…
There is a rosy employment outlook for lenders in 2016, as an elevated volume of homes available spurs growth in purchase loans. The Mortgage Bankers Association projects that the volume for purchase originations will rise by 22% next year, to nearly $1 trillion, while refinance activity is expected to fall by about 20%, to less…