Asian (27%), Hispanic (24%), Black (20%), and white (15%) prospective homebuyers surveyed say they have not yet bought a home mainly because they are waiting for prices to decline. Click through to find out more from the National Association of Realtors.
Read More »Affordability Challenges Hindering Prospective Homebuyers
Two new studies from the National Association of Realtors show that elevated home prices and limited housing supply are continuous homebuying barriers cited across different races and ethnicities, hampering home sales and affecting prospective buyers nationwide.
Read More »Higher Interest Rates Spell Disaster for Racial Housing Gaps
According to Urban Institute authors Michael Neal and Daniel Pang, the current environment of rising interest rates has important implications for the wealth gap between white and Black ...
Read More »BofA Launches Program to Help Clear Hurdles for Minority Homeowners
Bank of America announced its Community Affordable Loan Solution, as a new Special Purpose Credit Program that introduces zero down payment, zero closing cost mortgage solution for first-time ...
Read More »Mixed Bag of Housing Opportunities Forecast for 2022
New economic data finds that prospective buyers must withstand an impending whirlwind market heading into the new year.
Read More »Hispanics Found to be a Driving Market Force
To celebrate Hispanic Heritage Month, which occurs every October, Realtor.com has published three new surveys outlining how Hispanic buyers affect real-estate market over the last year. The nationwide surveys included the Hispanic Homebuyer Profile, the Hispanic New Homeowner Profile, ...
Read More »Strong Family Aid Boosting Hispanic Homeownership Rate
A new Redfin analysis finds that through a strong support network, an increasing number of Hispanic homebuyers are achieving the American Dream of homeownership.
Read More »Study: Hispanic Borrowers Vulnerable During COVID-19
A new report says the demographic’s recovery from this pandemic may be less significant than during the Great Recession.
Read More »Reaching Out to Hispanic Homebuyers
Hispanic homeownership has not yet bounced back from the Great Recession, according to new data. How can lenders reach this demographic?
Read More »Hispanic Homeownership Problems
Hispanic homeownership is lagging behind non-Hispanic white homeownership, and a new study takes a look at where Hispanic homeownership has fallen behind the most.
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