Tag Archives: Purchasing power increases among Latinos

Purchasing power among Latinos in the U.S. rose to $1.1 trillion in 2011, a sign of continued growth in influence on the economy and housing market, according to a real estate trade group. The National Association of Hispanic Real Estate Professionals said many factors, including relative young age, population growth and increased incomes likely signal a heightened share of Hispanic homebuyers. Latinos saw purchasing power more than double over the past decade, compared to a 52% increase for the country as a whole. The measure is expected to increase another […]