The Asian Real Estate Association of America has filed suit against the State of Florida over Senate Bill 264, a controversial bill aimed at restricting foreign buyers' housing rights.
A new analysis by the National Association of Realtors (NAR) revealed an increase in homeownership rates among minorities in the U.S. over the past year, with Asian Americans leading the homeownership gains. The data: In the 2024 overview of Race and Home Buying in America, drawing from the U.S. Census Bureau data obtained from the American Community Survey in 2022, NAR researchers discovered that Asian household homeownership experienced the most significant increase, with 63.3% of Asian households becoming homeowners.