U.S. immigrant households will increase exponentially
Research from the NAHB addresses the need to examine homeownership among immigrants, as they will account for over one-third of the growth of homeowners.
California and Texas have higher concentrations of immigrants in their construction workforce, and certain skilled trades also rely more on foreign-born labor than others
Crumbling affordability continues to impact Americans' homeownership plans, as Q1 data show that fewer adults said they intend to buy over the next 12 months.
At a time when it seems to some that the American Dream may be long gone, many foreign-born residents continue seeing homeownership as a pathway to achieving that goal.