Hispanic Homeownership Surges in Arizona

The 2021 comprehensive Hispanic Market Research Report shows that Hispanic homeownership in Arizona is rising. In the Tucson area, homeownership among Hispanic people has increased 12 percent, while homeownership has declined 11 percent for people who aren’t Hispanic. “Arizona is adding Hispanic homeowners faster than any other state in the nation,” said Marcela Fuentes, treasurer at the Tucson Association of Realtors. She adds, “Between 2020 and 2040 it is estimated that 70 percent of the new homeowners will be Latino.”

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