Hispanics & Housing: Demand Over The Next Decade

The Mortgage Bankers’ Association (MBA) recently released a report: ‘Housing Demand: Demographics And The Numbers Behind The Coming Multi-Million Increase In Households’. In this study, the MBA“utilized a comprehensive analysis of data from 1976 to 2014, a period encompassing several market and housing cycles, to provide a projection of much stronger housing demand over the next decade.”

According to the report:

“by 2024, demographic and economic changes will bring what could be one of the largest expansions in the history of the U.S housing market with 13.9 million additional households.”

But, what did they say about the Impact of the Hispanic community?


  • Over the next decade, Hispanic household growth will increase by 5.7 million households.
  • New "minority-owned" households will be more than one-third higher than the number of new "non-Hispanic/White" households.
  • The homeownership rate among Hispanics ages 40 and over is greater than the current average rate of 46% for all Americans.
  • Millennials will be a key component of growth raising the ranks of households age 18 to 44 by 4.1 million. (21% of Millennials in the U.S. are Hispanic.)


The Hispanic community will be a major driver of housing over the next decade.

0d624856 776e 4763 a195 28041ede6f79 411c5343 e5da 4cd3 aa86 a0afd9514f12 529273ad 867f 4293 8951 508fded1c9d6 8994c738 418e 4987 ad4f dd4305bc07d4 f2c299bb 4433 479d 922b c493f8b26b33 8d66a058 be72 4aeb aadd ada0addb355d 4fc220c7 4bbb 4257 8d84 fa50ee4361b2 479f9b5b f9d4 4290 b38d e2b6d59728dd a0ddae85 d994 492b 8d0a 0b141fe31d5b 042f1595 c14d 4241 a074 281162f0f8c3 1ef09da6 1db9 4ce7 b24d 6a8fb00d664b 0404af34 8e20 49c4 ba25 822bece610e3 d9c7bdfa 6b19 4a52 a571 8d51111e632b d9514e82 4a07 40ed 84ac 4d3be00d98b6 04e6160c 2d50 4303 8d5c 52942135ff5b 18d4406b 3da3 4ff1 99a1 53362aca9bba 3f05eb83 532e 4109 a768 24ca2d8e5484 f68f09a7 3d98 4b75 9a8b 9b0ee9387de6 90353591 3b6b 4546 b3ac ab6b40b701cc ee5539b0 8ffd 4a1c 87c7 7f55368e0045 4d84d371 fd0e 4ad9 8405 6afd11c9b51d 63a78961 2186 4825 865f 726212f953e8 07cec625 3b44 4d5b 95b9 da37a10596d3