Hispanic homeownership rate increases for second consecutive year

By Marian McPherson | inman

In December, Trulia released its first post-election survey results that uncovered Americans’ waning belief in homeownership as the cornerstone of “The American Dream.” The number of Americans who said becoming homeowners was a goal dropped 3 percentage points to 72 percent — the first time that’s happened in the past five years of Trulia’s survey-taking.

That’s not terribly surprising — the National Association of Realtors has consistently lamented over the 50-year homeownership lows, warning that they could drop even lower due to the lack of affordable housing, tight inventory and other economic strains, such as student loans and low wages.

Continued:

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February 2017
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