State of Hispanic Homeownership Report
The State of Hispanic Homeownership Report®️ is a publication of the National Association of Hispanic Real Estate Professionals®️. The report is an industry benchmark that coalesces a broad cross-section of data and research from within and outside of the housing industry. The report provides an analysis of how the U.S. Hispanic population is faring with respect to attainment of homeownership in America. Additionally, it highlights Hispanic consumer nuances, purchase power, and trends, and provides insight into major factors that contributed to the story of Hispanic homeownership in the U.S. over the past year.
2021 State of Hispanic Homeownership Report
While U.S. Hispanic homeownership continued to increase in 2021, consistent with the trendline of the past seven years, tough market conditions have stymied growth, particularly for first-time buyers. The proportional share of new homeowners attributed to Latinos decreased from its peak of 68.0 percent in 2015 to 18.1 percent in 2021. This slowdown coincides with the lowest rates of housing inventory in history. However, given the relative youth of the Latino community, coupled with population and labor growth projections, the country will increasingly depend on Latinos to carry U.S. homeownership growth.Download a copy of the 2021 State of Hispanic Homeownership Report now!
Latinos Rise Through Struggle
By Muralist Edgar Andres Zorrilla
This year’s report is accompanied by creative representations of how homeownership changed for Hispanic families across the U.S. in 2021. Don’t miss your chance to take your picture in front of this influential piece at our upcoming events and share on social media to be featured here!
How do you measure up?
For the first time, NAHREP added a ranking of Congressional districts by Hispanic homeownership rate to the State of Hispanic Homeownership! As a constituent and housing professional, you should know how your district and elected officials are performing.