Hispanics Move Up The List Of Nation's Home Buyers...

Hispanics move up list of nation's home buyers, from the Arizona Republic, reports that a DataQuick Information Services analysis shows a dramatic rise in the number of Hispanic and Asian home buyers since 2000. Hispanic surnames made up 14.6 percent of all home buyers' names, up from 10.3 percent five years earlier. "The Latino population is really integrating into the middle class- and rapidly," said John Karevoll, an analyst at DataQuick. Asians are also bigger players. Nguyen, a common Vietnamese name, moved from 23rd to 14th. The rate of homeownership among the nations 42.7 million Hispanics hit a record 50 percent in the last quarter of 2005. Hispanics are likely to make up 40 percent of first-time homebuyers over the next 20 years, according to the Harvard Joint Center for Housing studies.



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