Homeownership Will Look Much Different across States in 2040. How does Your State Rank?
Urban
MAY 18, 2021
Between 2020 and 2040, homeownership trends will vary widely between states.
2040 Related Topics 
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Hispanic households to grow the most over next 20 years
Housing Wire
JANUARY 21, 2021
In a release on Thursday , the Urban Institute projected the future headship rate — the share of adults who are the heads of households — and the homeownership rate — the share of household heads who own their homes — through 2040. million in growth from 2030 to 2040. Between 2020 and 2040, Hispanic households will grow by 8.6
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Trending Sources
Fannie Mae announces new resources and assistance programs to address Latino homeownership access
Housing Wire
SEPTEMBER 27, 2023
Research from the Urban Institute indicates that as much as 70% of net-new homeowners between 2020 and 2040 will be Hispanic/Latino, representing “one of the fastest-growing segments of potential homeowners.” Additional HomeView enhancements are expected in 2024, the company said.
Households of Color Expected to Dominate Homeownership Rate Growth
Appraisal Buzz
MAY 10, 2021
The overall number of new homeowners nationwide will increase by almost 7 million by 2040, but demographics will vary significantly, depending on the state. The post Households of Color Expected to Dominate Homeownership Rate Growth appeared first on DSNews.
How the housing industry is preparing for the age of AI
Housing Wire
APRIL 4, 2023
By 2040, 70% of new homeowners will be Latino but many could be denied a mortgage because of their high debt-to-income levels. “If Rocket Companies is focused on using technology to tap into a potential customer base. Brian Stucky, lead for Rocket Ethical AI at Rocket Central , noted the rapidly growing Hispanic homeownership rate.
Charter Title forms Hispanic division for Nebraska markets
Housing Wire
APRIL 21, 2021
The Urban Institute reported in January that, between 2020 and 2040, there will be 6.9 Only 29% of Hispanics were able to work from home, according to the NAHREP report, compared to 49% of non-Hispanic whites. million net new homeowner households — a 9% increase. The number of Hispanic homeowners will grow the most, by 4.8 million.
HW+ Member Spotlight: Josh Mettle
Housing Wire
DECEMBER 10, 2021
Loan officers should be helping clients understand how borrowing for as long as possible benefits the borrower because paying back today’s mortgage with 2030, 2040, or 2050 dollars is a great deal for the borrower. Josh Mettle: Inflation robs from the lender and gives to the borrower.
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