53% Of New Household Units In Q3 Were Hispanic

According to Housing Wire, despite this moribund economy, the Hispanic consumer segment is showing signs of robust recovery. The latest US Census data on housing show that the majority of new housing units in the 3rd quarter of 2011 were Hispanic.

Money quote:

Minority households are taking advantage of the lower end of the housing market where, Becerra believes, prices have hit the bottom. "It's the only place where the possibility of buying is right now," he said.

 The entire article on Housing Wire here