Infographic: Many Immigrants Want to Own Homes, Success Rates Vary

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Union Andina, one of the many real estate agencies in Queens that offers apartments to Colombian, Ecuadorian, Peruvian and Bolivian immigrants.

Photo by: Camila Osorio

Union Andina, one of the many real estate agencies in Queens that offers apartments to Colombian, Ecuadorian, Peruvian and Bolivian immigrants.

Article courtesy Feet in 2 Worlds.

What impact do immigrants have on the housing market nationally and locally?

In January 2013 the U.S. Census reported that, “With nearly 1 in 7 U.S. households headed by someone who is foreign born, decisions made by immigrants and their families to purchase a home can have a measurable impact on the U.S. housing market.”

In New York City a smaller percentage of residents own their homes than the nation as a whole.