'Latinx' Americans Drive U.S. Homeownership Gains – NMP Skip to main content

'Latinx' Americans Drive U.S. Homeownership Gains

Oct 12, 2020
Happy Latin couple after just getting the keys to their home. Credit: iStock.com/Antonio_Diaz
Director of Events

Zillow revealed that Latinx, a term used to refer to people and heads of households that identify with at least one Hispanic, Latino or Spanish origin, has seen a boost in their share of households in the U.S. The report revealed that the share of Latinx households in the U.S. is at its highest level since the housing burst.

According to Zillow, the homeownership gains of Latinx Americans living in the U.S. has exceeded those of other groups. While 18% of the U.S. population identifies as Latinx, the report states that they have accounted for more than 60% of new U.S. homeowner gains over the past decade. The Latinx homeownership rate now stands at 48.9%, the highest level since 2008.

"While Latinx households have made recent gains in ownership, longstanding inequities in intergenerational wealth and other systemic barriers continue to impede Latinx Americans from reaching parity with the U.S. population as a whole," says Manny Garcia, population scientist at Zillow, according to the report. "Latinx home buyers are more likely to face challenges during the process, with financing the purchase often reported as a primary concern. Even within the Latinx community, wealth inequality could help explain the varying homeownership rates of people of different origins."

The Latinx Homeownership rate is still behind by more than 10 percentage points when compared to Asian, Native, Hawaiian and Pacific Islander households. It is also behind by close to 25 percentage points compared to non-Latinx white households.

Read more from the Zillow report on Latinx homeownership gains.

About the author
Director of Events
Navi Persaud is Director of Events at NMP.
Published
Oct 12, 2020
Fed Holds Rates, But Pricing Pressures Persist

Rising Treasury yields and fresh inflation data complicate rate locks, borrower qualification, and lender margins as markets anticipate another hike in December

Oct 29, 2026
Zippy Adds Capital For Manufactured-Home Lending Push

The $20 million investment from Saluda Grade will support expansion beyond 27 states and new loan products across wholesale, retail, and community channels

Oct 16, 2026
Inflation Hits 3.7%, Putting Mortgage Rate Relief At Risk

September’s inflation pickup puts recent rate improvements at risk, potentially eroding affordability gains from lower home prices and seller concessions

Oct 14, 2026
PLACE Acquires Ardley, Expanding Push To Turn Existing Borrowers Into New Loans

The latest deal connects borrower retention technology with Maxwell's origination platform and PLACE's real estate network, creating new opportunities for lenders

Oct 09, 2026
Equifax, TransUnion Launch New Tools To Cut Credit Report Costs

Both bureaus introduce ways to purchase credit scores separately from reports, while Equifax reports growing VantageScore adoption and extends $1 pricing through 2028

Oct 09, 2026
Newrez, eXp Realty Form Joint Venture To Target Purchase Business

Revenos Mortgage is set to launch in early 2027, replacing eXp's joint venture with Kind Lending

Oct 08, 2026