The Hispanic community is breaking population growth records and leading the emerging
market as the dominant minority segment. Can you hear opportunity knocking?
If you are among the forward-thinking real estate professionals looking to create a business plan for the changing market, you already recognize that the future is NOW.

Hispanics will account for 1.5 million of the more than five million new homeowners expected to enter the market in the next five years. With a generation of young Latinos about to enter their peak home-buying years, this means real estate professionals will require a diverse set of tools to meet the demands of a culturally dynamic segment of homebuyers.

While today's high-tech world is fiercely competitive, some Hispanic entrepreneurs are capitalizing on their culture and heritage to cater to the exploding number of Hispanics living in the United States.
 
"The Hispanic market is the fastest growing segment online," says Alicia Morga, chief executive
of Consorte Media.  "It's too big of a market to ignore."

Market research firm Synovate's 2006 US Diversity Market's Report estimates that more than 55 percent of the 29.6 million US Hispanic adults, some 16 million people, are making purchasing decisions online. 
This comes at a time when Hispanic buying power as a whole is expected to hit $1 trillion by 2010.

HispanicMortgageBrokers.com helps Hispanic individuals and families locate a Hispanic mortgage broker in their city.  We are proud of our mission to increase Hispanic homeownership rates in the United States.

From a recent Harvard University Study:

During the next 20 years, 40% of all first time home buyers in the USA will be hispanic.

80% of all hispanic renters surveyed plan to buy a home in the next 5 years.

The number 1 concern of hispanics surveyed when purchasing a home is speaking in the Spanish language
to their real estate professional.  Their Real Estate Agent and Mortgage Broker must speak Spanish.
 

Of the United States' estimated 30 million Hispanic households, 48.8 percent now own their own homes
and that rate is growing more quickly than that of the general U.S. population, according to the
National Association of Hispanic Real Estate Professionals (NAHREP). Likewise, a U.S. Census Bureau
report shows that the 62 percent homeownership rate for naturalized Latin Americans in 2002 was
nearly 6 percentage points higher than the rate in 1994.

Recognizing the growing rate of Hispanic home ownership, Real Estate Professionals are reaching
 out to the Hispanic community with several special marketing programs, Spanish-language
title policies, Spanish-English real estate glossaries and educational information specifically for
Hispanic homebuyers, sellers, lenders and real estate agents. Real Estate Professionals
also are designing its production processes to accommodate Spanish-language documents.