Addressing Hispanic Homeownership

first_imgHome / Daily Dose / Addressing Hispanic Homeownership Subscribe The Best Markets For Residential Property Investors 2 days ago Addressing Hispanic Homeownership Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Market Studies, News Share Save Tagged with: Hispanic Homeownership Sales The Best Markets For Residential Property Investors 2 days ago About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. August 14, 2019 973 Views Sign up for DS News Daily Hispanic Homeownership Sales 2019-08-14 Seth Welborn Previous: The Cost of Household Renovations Next: Gen Z Home Loans Catching Up Data Provider Black Knight to Acquire Top of Mind 2 days ago Hispanic homeownership is lagging behind non-Hispanic white homeownership, according to a study from the Urban Institute. Urban Institute states that the gap is highest in the Northeast and smallest in the Southwest, however, Hispanic populations are smallest in the Northeast.For example, New York City has the second-highest number of Hispanic households—almost 1.5 million—but they represent only 21% of total households. The Hispanic homeownership gap is notably larger in the Northeast than in other regions of the country.In Utah, for example, Latinos make up 14.2% of the state’s population, according to 2018 U.S. Census Bureau data. That number is believed to be increasing in 2019. The Daily Herald reports that in Utah County, and across the state of Utah, Latino populations are not spread evenly across the state. Abraham Hernandez, Executive Director of Centro Hispano in Provo, Utah, states that Utah Latinos have been spreading out.“Latinos are moving further down south in the county and going up really north in the county to Eagle Mountain,” Hernandez said on The Daily Herald. “We’re seeing a huge bloom of Latino populations in Eagle Mountain, to the point where we’ve actually had people request our services up there.”“They’re weighing their options — do I buy a house, pay a little bit more, but at least I own my house, or do I pay a lot of rent, and maybe it’s not kid-friendly, maybe it’s not enough bedrooms,” Hernandez said. “Particularly when you look at how Latino families are multigenerational homes. You have grandma living there, you have your parents, and obviously the kids, so they need a bigger space.”Two cities in the U.S. have closed the gap: Texas cities Laredo and El Paso. These cities are both majority-minority cities: 77.7% of El Paso’s households and 93.9% of Laredo’s households are Hispanic. Notably, they are also both situated on the US-Mexico border and, as such, are communities with sizeable immigrant populations. In each city, roughly a quarter of the population is foreign-born.The Hispanic population is expected to make up more than half of all net new households in the United States over the next 25 years, and Urban notes that some changes must be made to the financing industry to address the needs of these buyers. Hispanic people on average use more cash than credit when making purchases. A lack of credit history precludes those who might otherwise be mortgage-ready from qualifying for a loan. Related Articles  Print This Postlast_img read more

GPs bombarded with millions of dubious requests

first_img2. Workplace is too stressful Comments are closed. 2. Depression 1. Back pain 5. Flu 5. A legitimate excuse to skive off work 3. Their holiday request was refused or they didn’t want to use their holiday entitlement GPs bombarded with millions of dubious requestsOn 4 May 2004 in Personnel Today Top reasons for getting sicknotes Top causes for sicknote requestscenter_img 4. Other stress-related problems 4. Fatigue 3. Workplace stress Source: Norwich Union 1. Embarrassment over a personal crisis they couldn’t tell their employer about Up to nine million of the 22 million requests for GP sicknotes each year aresuspicious, according to new research from Norwich Union. Norwich Union Healthcare’s latest Health of the Nation Index foundthat doctors think almost a quarter of the 577 requests each doctor gets everyyear are questionable at best, and nearly a fifth of them are invalid. This follows a survey of 1,000 HR professionals and 300 doctors by PersonnelToday and sister magazine Doctor in 2003, which revealed that both doctors andHR wanted a rethink on the system. The study found more than 80 per cent of doctors no longer wantresponsibility for writing sicknotes, while 77 per cent admitted to issuingthem too easily. As a result, HR professionals reported an increase in thenumber of staff signed off sick. The Chartered Institute of Personnel and Development (CIPD) said employersand GPs must work together to help the system run more efficiently. Ben Willmott, employee relations adviser at the CIPD, said: “Ourresearch shows that tackling absence management is one of the biggest prioritiesfor employers. But to be effective, they must ensure they have progressivepeople management policies, which are less likely to lead staff to wake upthinking ‘I don’t feel like going in today’. “This means ensuring they are treated fairly at work and have thesupport, training and recognition to help them achieve their targets,” hesaid. ●  ●   Previous Article Next Article Related posts:No related photos.last_img read more