Tag Archives: Hispanics to Make Up Half of New Buyers by 2020

Some housing experts say a “mega-boom in home ownership” is brewing as Hispanic Americans look to join in home ownership. Indeed, Movoto, a real estate brokerage in San Mateo, Calif., predicts Hispanics will make up half of new home buyers nationwide by 2020. The growth in that time frame is expected to be big, considering that currently 75 percent of first-time home buyers are white and only 11 percent are Hispanic. But observers say that with Hispanics’ birth rates and purchasing power drastically increasing, Hispanics are expected to be a […]