The National Association of Hispanic Real Estate Professionals (NAHREP) will host The New Mega Market: Celebration of Hispanic Homeownership event on Tuesday, April 12, to recognize progress in Latino homeownership. In 2015, Latinos accounted for 69 percent of all new homeownership gains with a net increase of 245,000 owner households. Additionally, NAHREP will acknowledge industry leaders who have made powerful contributions in fostering an environment for sustainable Latino homeownership such as the guest of honor, Alejandro Becerra, NAHREP director of research.
“This is a remarkable time in history for Latinos in the U.S. as we are making gains not only in homeownership but also in educational attainment, employment and income, due in large part to the work of advocates who have dedicated themselves to creating opportunities for our community,” says Gary Acosta, CEO and co-founder of NAHREP, “We are proud to honor Alejandro Becerra with the NAHREP Lifetime Achievement in Housing Award for his outstanding contributions in advancing the mission of creating sustainable homeownership opportunities for Latinos in the U.S.”
Born in Mexico City and raised in Leon, Guanajuato, Mexico, Becerra came to El Paso, Texas at the age of 11 and has an incredible history of advocating for more inclusive housing for the Latino community. He heads research and writing efforts around the Hispanic Wealth Project’s annual State of Hispanic Homeownership Report, examining the demographic trends and dynamics that shape the homebuyer market and documenting the rise of Hispanics as a critical force in the housing market. In 2011, he was awarded the National HOPE Policy Award for his great work in increasing and sustaining minority homeownership.
Speakers will include Bill Emerson, CEO at Quicken Loans, Mark Zandi, chief economist at Moody’s Analytics, Kurt Pfotenhauer, vice chairman at First American, Phil Bracken, chief policy officer at Radian Guaranty and Dr. Mark Hugo Lopez, director of Hispanic research at Pew Hispanic Center. The event will also be a platform for sharing the challenges to be addressed by the housing industry to realize the full potential of this new mega market. Two special Latino families and the industry participants who have helped them reach their dream of homeownership will also be recognized at the event.
For more information, visit www.nahrep.org.