Of course, one of the drivers in Central Florida is the increased influx of residents from Puerto Rico.
There’s been much focus on millennials and their importance on the housing market, but when we look at where homeownership growth has been the strongest, it’s among Hispanics, including Hispanic millennials.
“The State of Hispanic Homeownership Report highlights how important the Hispanic population has become in driving overall housing demand in the US, and how this influence will only continue to grow as their share of the population increases,” said Chris Herbert, managing director Harvard Joint Center for Housing Studies.
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