Morning Minute: Hispanics lead new owner households

Homeownership is growing among Hispanics, who accounted for more than half of the new owner households formed in the second quarter of 2012, according to Census data. During that time period, Hispanics and other minorities formed 855,000 new owner households and of that, 53 percent (or 453,000) were Hispanic, reports Chicago Agent Magazine (via HousingWire).

In other news:

Investors cash in on land deals as U.S. housing picks upChicago Tribune

Fannie Mae: Housing market attitudes improve despite increased concern about economyDow Jones Newswires

 

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About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.