Impressive data is reporting that Hispanics are the face of the fastest-growing population in America, and as such, tight-knit Hispanic communities all over the country are rising as well. Owning a home is a symbol of the American Dream, and can also be considered a beginning point for wealth creation and a stabilizing force for working families.
Those who invest in real estate by flipping houses or becoming a landlord can influence their communities in great ways. Through investing in real estate, these investors are encouraging the strength of their neighborhoods in a manner that some might not expect.
We have power in our population, now let’s make our community shine.
Nationwide data reports that the U.S. Hispanic population in 2014 reached 53 million, and is projected to grow so much that, by 2050, the population could be as much as 120 million Hispanics in America. Today, one in every four children in the U.S. is Hispanic, and a whopping 20 percent of millennials (those who were born between 1982 and 2004) are also of Hispanic descent. These numbers reflected a population that formed 320,000 new households in 2014, which represented about 40 percent of all new households nationwide.
This boom in the Hispanic U.S. population is not predicted to slow down, either. Top Hispanic real estate professionals are calling the next coming years to be “breakout years,” with 65 percent of the professional studies forecasting a stronger rise for Hispanic homebuyers.
How real estate investors can help change the game in their neighborhoods.
Senator Marco Rubio is quoted as saying, “the Hispanic community understands the American Dream and have not forgotten what they were promised – that in the U.S., a free market system allows us all to succeed economically, achieve stability and security for our family, and leave our children better off than ourselves.” The strong and tightly-knit groups found in the Hispanic and Latino communities are renowned, and the perseverance of the Latino family is something to be proud of. When it comes to the American Dream and the freedom to do better for ourselves and our families, perhaps no one knows more about investing in their financial freedom than those who invest in real estate.
When property is renovated and resold by real estate investors, it results in nicer neighborhoods that have appreciated in their value. When communities increase in their value, it leads to a higher tax revenue for the county, and a higher revenue will ultimately bring better schools, roads, and city resources along with it. This type of strength is instilled within the neighborhood and plays a pivotal part of empowering the community for generations to come.
With an actively growing population, there is also an increase in demand for residential housing. Undoubtedly, the housing market in residential neighborhoods are experiencing stress on the amount of decently priced, comfortable properties, so it’s up to investors to provide potential homebuyers and renters with available resources.
New Western Acquisitions is designed to get investors on the right path.
New Western Acquisitions wants to make sure you succeed in your investments, and, in turn, contribute to your community while accomplishing your dreams of being financially free. To do so, we work hard to provide only the best property deals to our investors. These types of resources will help you make the money you need to accomplish your goals, while proudly contributing to the betterment of your community. What can be better?