Even though 2023 was a difficult year for the real estate market, with mortgage rates in decade-high levels and tight inventories, Latinos kept becoming homeowners, increasing overall figures and being just shy of a significant milestone: for half of all households to reach homeowner status.
The figures come from a new report by the National Association of Hispanic Real Estate Professionals (NAHREP), which has been tracking Latino homeownership rates since the beginning of the century.
