NEW YORK CITY -- As Hispanics keep establishing themselves as a key demographic for national development across different industries, one particular sector saw a significant increase in Latino and Hispanic participation— Real Estate.
The Hispanic homeownership rate reached 49.5 percent last year, with a net gain of 377,000 Hispanic owner-households compared to the year prior, according to a recently published report by the National Association of Hispanic Real Estate Professionals (NAHREP). This figure represents the largest increase in homeownership rate across all racial or ethnic demographic groups.
