The National Association of Hispanic Real Estate Professionals estimates that immigration reform could bring an estimated pool of 3 million new home owners into the market. The nonprofit trade association estimates that current legislation proposing to give legal status to some immigrants has the potential to generate $500 billion in real estate transactions over a five-year period.Current legislation calls for the legalization of some 11 million undocumented immigrants who arrived in the country before Dec. 31, 2011. “Foreign-born householders have a high value and strong desire for home ownership,” says Juan Martinez, NAHREP president. NAHREP leaders have been advocating for immigration reform that would create a path to citizenship for undocumented immigrants.NAHREP research projects that home purchases made by 3 million legalized immigrants could pump about $180 billion in additional consumer spending into the economy.“Immigration reform would unleash pent-up demand for home ownership by millions of undocumented immigrants,” says Alejandro Becerra, a former senior housing fellow and researcher. “It would help re-establish home ownership as a driving force in building wealth and accelerate the recovery of the nation's economy.”
Author:Brenkus Team Phone: 702-526-2298 Dated: May 22nd 2013 Views: 661 About Brenkus: Rick and Teri Have been top producers for over 30 years in the Las Vegas area and have been ranked i...
About Keller Williams Marketplace - Brenkus Realty Network
Rick and Teri Have been top producers for over 30 years in the Southern Nevada and have been ranked in the top 50 agents in the US by the Wall Street Journal out of over 1.3 million agents. They have sold over 7,000 homes in both stable and challenging markets. Their strategies and incredible systems to represent buyers and sellers can not be matched! Sellers enjoy netting top dollar in the least amount of time with their massive marketing and ability to stay ahead of the curve! This Top Producing Team has consistently been in the top 1% of agents Nationally for the last 30 years. They are national speakers and are highly sought after by many who want to get to the next level in their business. They also serve on Professional Standards at the Greater Las Vegas Association of Realtors and are Senior Faculty Instructors. Their list of credentials are endless!
Before you make any decision to Buy, Sell or Invest in Real Estate, be learning based and discover all the benefits, strategies and techniques Rick and Teri Brenkus offer to their clients..... You will be glad you did!!! 702-456-5959
This team was excellent to work with. We have used them on a few transactions and are more then happy to be set up with Alex Feurtado. She is so easy to contact and communicate with as well as understating what we want. Being out of state I thought would be a challenge with a lot of the transaction work but it was so easy and smooth. Really recommend them and will use them again in the future!"