Thursday, October 13, 2005

Hispanic Business - Home-Buying Trends Vary for Hispanics

Hispanic Business - Home-Buying Trends Vary for Hispanics: "In 2001, when Hispanics made up approximately 12.9 percent of the U.S. population (it is 14.1 percent currently), the Hispanic percentage of homeowners was about half of that -- around 7 percent -- in three of four residential property categories. The exception being the 2- to 4-unit or multifamily category, where 13.7 percent of all owners were Hispanic.
This is according to the highly detailed 368-page U.S. Census report 'Residential Finance Survey: 2001,' sponsored by the U.S. Department of Housing and Urban Development, which breaks residential ownership and financing information out by ethnic/racial group. "
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