The Urban Institute released a report last week with some interesting news for household and homeownership growth. The report showed homeownership rates are likely to fall in the next two decades, with the exception of the Hispanic homeownership rate which will rise to above 50% and plateau for most of the next decade. Every other ethnic demographic is expected to see percentage declines as the overall population continues to get older. While percentages will decline, the total number of homeowners will increase. The report says that “the net growth in the number of homeowners between 2020-2040 will come from people of color, especially Hispanics”. The UI estimates that from 2020-2040, there will be a net gain of 6.9 million homeowners. Hispanic homeowners will grow by 4.8 million, Black homeowners will increase by 1.2 million homeowners, other races (mostly Asian) will grow by 2.7 million homeowners, and the total number of non-Hispanic white homeowners will drop by 1.8 million. I encourage you to read the executive summary and full report here. There will be lots of job security in the housing industry for agents and corporations that hire and market intelligently to Hispanic consumers. I hate to say it, but I told you so!
Telling Latinos to prioritize family may sound like preaching to the choir—but when you’re chasing big goals, it’s easy to drift. In this episode, I share why presence isn’t just about responsibility—it’s a source of inspiration, passion, and long-term power. Family and success aren’t opposites—they’re fuel for each other.
Nobody makes it on their own. In this episode, I talk about why generosity—whether it’s time, wisdom, or resources—is one of the most important disciplines we can develop. Latinos are generous by nature, but we often limit that generosity to our families. I share why expanding that generosity beyond our inner circle strengthens our purpose, our community, and our impact.
Wealth without health is meaningless. In this episode, I talk about why the most successful leaders today train their bodies and minds like athletes—and why anyone aiming for the top 1% financially should strive for the top 1% in health too. If your goal is to build a great company or lasting wealth, your energy, focus, and longevity all start with fitness.