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Citizenship applications soar, and that means more potential homeowners

Posted by   /  May 15, 2017  /  No Comments

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Marianne Guillaume, originally of France, wipes away a tear during the National Anthem and before saying her oath to become a naturalized citizen Jan. 24, 2014 at Northern Virginia Community College in Alexandria, Virginia. /M. Scott Mahaskey/POLITICO

And more pressure on housing supply

By Kelsey Ramírez | HousingWire

Naturalized citizenship is on the rise, and they will be putting more pressure on the housing market . . . and housing inventory.

Naturalized citizenship is defined as immigrants who become U.S. citizens, opposed to those who are born in the country.

According to an immigration law firm, My Immigration Attorney, there are also several reasons why immigrants may want to become citizens, including:

Or it could be that becoming a citizen means they can no longer be deported for any reason, a protection that even permanent residents don’t have.

Whatever the reason for wanting to become citizens, it is clearly on the rise, and even hit the highest rate of increase in four years, according to the Pew Research Center. The number increased 8% from 663K in 2012 to 718K in 2016.

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