Majority of Hispanic Americans own a home as incomes rise ...Middle East

By Alex Tanzi | Bloomberg A majority of Hispanic Americans now own a home, a milestone that was reached in part thanks to demographics and income growth. The ownership rate among the group rose 4 percentage points in 10 years, topping 50%, according to a report by the National Association of Realtors. It means almost 3 million more Hispanics owned a home in 2021 than in 2011. The rate for Hispanics remains well below the national average of 65.5% — and that of White Americans, at 72.7%. Owning a home is a major factor of building wealth over a lifetime. Lower ownership rates among minorities, who often face racial disparities in the mortgage market, has been source of widening inequalities f

Hence then, the article about majority of hispanic americans own a home as incomes rise was published today ( Saturday 04/03/2023 - 12:24 AM ) and is available on Los Angeles Daily News ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Majority of Hispanic Americans own a home as incomes rise )

Also on site :

• Another Weight Loss Surgery and a Wedding Bombshell: Spoilers From '1000-Lb Sisters' Season 8 Episode 2
• Saks Global Secures $1.75 Billion of Committed Capital and Announces Return of Industry Veterans to Advance Transformation of Iconic Luxury Portfolio
• Trump-Iran latest: President threatens ‘very strong action’ if protesters are hanged after forced confessions