In 2024, 9.8M Hispanic households owned homes, but the rate fell as household growth outpaced ownership. NAHREP urges action on affordability and supply.
The typical Q4 down payment was $30,250, slightly below Q3 but $3K higher year-over-year. Higher home prices and rates were keeping down payments elevated.
Sales of newly built, single-family homes in February increased 1.8% thanks to slightly lower mortgage rates. Inventory was up 7.5% compared to a year earlier.
Many renting out rooms see tenants as roommates, not renters, but embracing the landlord role helps them better manage leases, rent and legal protections.
U.S. house prices rose 4.8% year over year, from Jan. 2024 to Jan. 2025. For the nine census divisions, monthly home price changes ranged from -0.8% to +1%.