Homeownership & Renting

Not even a housing-led recession can shake Americans' faith in the blessings of homeownership.

Almost one-in-ten (9%) Latino homeowners say they missed a mortgage payment or were unable to make a full payment and 3% say they received a foreclosure notice in the past year.

This statistical profile of the Latino population is based on Pew Hispanic Center tabulations of the Census Bureau's 2006 American Community Survey.

This statistical profile of the foreign-born population is based on Pew Hispanic Center tabulations of the Census Bureau's 2006 American Community Survey.

Summary of Findings Public assessments of the nation’s economy have fallen to a two-year low, and the nation’s economic outlook remains relatively gloomy. In particular, faced with a steady stream of negative news about the U.S. housing market, Americans are substantially less inclined than they were even a few months ago to say they expect […]

Americans are far more optimistic than most real estate experts about the outlook for home prices but far more pessimistic than most economists and Wall Street watchers about the overall economic outlook.

Despite a record drop this past year in the median sales price of existing homes, more than eight-in-ten homeowners expect the value of their homes to go up either "a little" (55%) or "a lot" (26%) in the future.

This statistical profile of the foreign born population is based on Pew Hispanic Center tabulations of the Census Bureau's 2005 American Community Survey public use microdata file, which was released August 29, 2006.

This statistical profile of the Latino population is based on Pew Hispanic Center tabulations of the Census Bureau's 2005 American Community Survey public use microdata file, which was released August 29, 2006.

Hispanic households have less than ten cents for every dollar in wealth owned by White households.