Low Housing Stock and Large Down Payments Stand in the Way of the Next Generation of AAPI Homebuyers
RIS Media
AUGUST 5, 2020
The 2019 – 2020 State of Asia America Report , an annual AREAA publication, provides a snapshot of the state of AAPI homeownership pre-COVID-19. Asian borrowers continue to be the highest minority users of conventional (GSE-backed) loans by number (223,906) and dollar amount ($86.4 billion in potential loans.
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