Housing Insights

PrintEmail
Housing Insights

Homeownership Rate Gap Between Immigrants and the Native-Born Population Narrowed Faster During the Last Decade

According to the American Community Survey, the U.S. was home to 18.8 million immigrant renters in 2012, representing a large reservoir of potential future homeownership demand. One major factor determining the homeownership rate gap between immigrants and the native-born population is immigrants’ length of residency in the United States.

In our most recent edition of Housing Insights, Fannie Mae’s Economic & Strategic Research Group explores how the homeownership rate gap has changed during the past 10 years and, in particular, during the recent housing crisis compared to previous years. Their research, in line with existing research, shows that as immigrants have stayed longer in the U.S. they have narrowed the homeownership rate gap with the native-born population. Surprisingly, the data also find that immigrants narrowed the homeownership gap at a faster rate during the 2000s than in the 1990s – suggesting that the recent housing crisis may have had a lesser impact on homeownership advancement of immigrants relative to the native-born population.

Homeownership Rate Gap Between Immigrants and the Native-Born Population Narrowed Faster During the Last Decade (PDF)

 

Previous Housing Insights

Housing Insights formerly called Data Notes

Upper-Income, Educated, Married with Children, and Still Not Buying: Declining Homeownership among “Prime” First-Time Home Buying Candidates

Fannie Mae Housing Insight: August 18,2014

Are Aging Baby Boomers Abandoning the Single-Family Nest?

Fannie Mae Housing Insight: June 12,2014

Second Homes: Recovery Post Financial Crisis

Fannie Mae Housing Insight: April 7,2014

Geographically Constrained Job Growth Provides Another Indication of a Sluggish Labor Market Recovery

Fannie Mae Housing Insight: January 9,2014

An Uneven Recovery in Household Wealth

Fannie Mae Housing Insight: December 9, 2013

Deconsolidation in the Primary Mortgage Market: A Temporary or Structural Trend?

Fannie Mae Housing Insight: December 5, 2013

Homeownership Rate Continues to Drop, But Housing Affordability Improves Substantially

Fannie Mae Housing Insight: October 3, 2013

Is the Development and Design of Multifamily Rental Housing In Line with Recent Trends?

Fannie Mae Housing Insight: October 2013

Projected Slowdown in Labor Force Growth Suggests Weaker Future Housing Activity

Fannie Mae Housing Insight: August 2013

Immigrant Homeowners Hit Hard During the Housing Collapse, but Experience Varies by Country of Birth

Fannie Mae Housing Insight: July 2013

Manufactured Homes: A Shrinking Source of Low-Cost Housing

Fannie Mae Housing Insight: June 2013

When the Housing Market Returns to "Normal," How Much Will Residential Construction Employment Rebound?

Fannie Mae Housing Insight: May 2013

Rental Resurgence Marked by Single-Family Expansion and Diverging Affordability Trends for Owners and Renters

Fannie Mae Housing Insight: Nov 2012

Stuck in the Great Recession's Income Slump: Sluggish Job Earnings Impede an Economic Expansion

Fannie Mae Housing Insight: Sept 2012

Housing the Nation’s Burgeoning Older Elderly Population

Fannie Mae Housing Insight: June 2012

Housing Cost Burdens

Fannie Mae Data Note: May 2012

Single-Family Rental Housing – The Fastest Growing Component of the Rental Market

Fannie Mae Data Note: Mar 2012

Inaugural Fannie Mae Data Note Examines Falling Homeownership Rates

Fannie Mae Data Note: Oct 2011