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Lack of New Housing Crashes Latinos Affordability to Own a Home

The number of counties in the U.S. experiencing housing underproduction increased 32%. While there has been a decline overall in homes for sale in every price range, more affordable homes have seen

United statesSan franciscoNew jerseySouth carolinaEl pasoNew hampshireAtila almeidaFreddie macCecilia cepedaPew centerListing serviceNational boardHarvard joint centerPew research centerRealtor for fairfax realtyNational hispanic real estate professionals

Income Needed to Afford a Typical House Almost Doubles Median Latino Earnings

According to a report by Redfin, the amount needed is $115,000 a year. Latinos median income in 2022 was almost $63,000

New hampshireUnited statesNew jerseyCecilia cepedaUs census bureauUs census bureau report incomeRealtor for fairfax realtyBureau reportUrban instituteLatino americansBlack americansFairfax realty premierHousing underproductionLatinos in the usLatinos in usIncome inequality

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