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Happy Hispanic Heritage Month!  

Posted on October 1, 2021October 1, 2021 By Jim Wetzel

Happy Hispanic Heritage Month! 

This month, we celebrate the history, culture, and contributions of Latinos in the United States.  This is a dynamic group, hailing from all over the world—including Mexico, Spain, Central America, South America, and the Caribbean. Established under President Lyndon Johnson in 1968, Hispanic Heritage Month began as Hispanic Heritage Week; it grew to be celebrated an entire month in 1988 under President Ronald Reagan.

The National Association of Hispanic Real Estate Professionals (NAHREP) is the voice of real estate for the Latino community. One goal of NAHREP is helping Latinos purchase homes and better position their families for generations to come. Owning one’s own home is a symbol of the American Dream—it’s how to build wealth. Virginia REALTORS® is proud to partner with the NAHREP, through its Northern Virginia Chapter, and we are committed to improving the real estate industry for Latinos—and all of the population—in Virginia.

NAHREP also produces an annual report on the State of Hispanic Homeownership in the United States. It is not surprising that the homeownership rate for this community has grown each year since 2015. Latinos represent the largest racial minority group in the United States, with over 18% of the population. In Virginia, nearly 10% of the adult population (age 18 and older) is Latino—but they only make up 5% of all Virginia REALTORS®.  It is important to have more Latino representation in our industry—especially to meet the needs of this growing community.

The Hispanic culture is vibrant and welcoming. Even if you are not Latino or do not speak Spanish, you can still become a part of the “familia”. For ideas on how to celebrate this month, check out 12 Hispanic Heritage Month Activities to Celebrate in 2021.

Get to Know This Growing Demographic

As we celebrate Hispanic Heritage Month, we encourage you to learn more about home-buying trends for Hispanic Virginians. Our Chief Economist is providing the details you need to stay in the know about this important segment of our industry.

Click here to send any comments or questions about this piece to Virginia REALTORS® Senior Vice President of Community and Industry Relations Leslie Frazier.

REALTOR® Update

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  • Home
  • About VPAR
    • Board of Directors
    • Code of Ethics
      • 2021 REALTOR® Code of Ethics and Standards of Practice
      • Mediation Information
      • Ethics Complaints, Arbitration Requests and Related Information
      • Before you File an Ethics Complaint
      • Ethics Compaint Form (E-1)
      • Arbitration Guidelines
      • Arbitrable Issues
      • Request and Agreement for Arbitration (A-1)
    • Committee & Council Leadership
    • Governing Documents
    • History
    • Past Presidents
    • Privacy Policy
    • VPAR Charitable Foundation
      • Donate To The VPAR Charitable Foundation
      • Support VPAR with Amazon Smile
      • VPAR Charitable Foundation Events
  • Calendar
  • Education
    • Education Center – Room Rental
    • Education Policy
    • Peninsula Real Estate School
      • Code of Ethics Training with CE Credit
      • REALTOR® Institute – GRI Designation
    • Real Estate Pre-License Saleperson Classes
    • Leadership Development
      • Virginia REALTORS® – Certifications and Designations
      • Virginia REALTOR® Leadership Academy
      • Virginia REALTORS® – Understanding Your Leadership Style
      • Virginia REALTORS® – What’s In It For The Member Presentation
      • NAR Leadership Development Resources
      • NAR REALTOR® LEAD Courses
      • LEAD Peninsula – Virginia Peninsula Chamber
      • LEAD 757 – Hampton Roads Chamber
      • Greater Williamsburg Chamber
      • Virginia REALTOR® Institute – GRI
      • Womens Council of REALTORS
      • REALTORS® EXCELLING IN ASSOCIATION LEADERSHIP (REAL)
    • Online Continuing Education
    • Property Management
      • Property Management Broker Office Policy Manual
      • NAR Rental Assistance Resources
      • CFPB Resources for Tenants – Help with rent and utilities
      • CFPV Media Toolkit for Property Managers
    • Risk Management
    • Virginia REALTORS® Learning Center
    • Virginia REALTORS® Education Calendar
  • Events
    • Annual Awards and Installation Banquet
    • Outstanding Salesmanship Club (OSC) Awards Program
      • Past Outstanding Salesmanship Awards
    • REALTOR® Fest Tradeshow
  • Membership
    • Benefits & Resources
      • Advocacy
        • The Legislative Line
        • RPAC – 2021 Investors
          • Invest to Support RPAC
      • Broker Resources
        • Broker Add Delete Form
        • Designated REALTOR® Dues Formula
        • NAR Broker Involvement
        • NAR Field Guides For Brokerages
        • Residential Broker Office Policy Manual
        • Sales Meetings Kits
        • Virginia REALTORS® Broker Resources
      • Fair Housing, Diversity & Inclusion Resources
        • NAR Diversity & Inclusion Resources
          • At Home with Diversity
          • Bias Override: Overcoming Barriers to Fair Housing
          • FairHaven: A Fair Housing Simulation
        • VAR Diversity Equity & Inclusion Resources
        • Asian Real Estate Association
        • Hampton Roads Association of Real Estate Brokers
        • Hampton Diversity College
        • National Association of Hispanic Real Estate Professionals
        • The Color of Law by Richard Rothstein
      • Legal Corner
        • Legal Articles
        • Legal FAQS
        • Legal Hotline
        • Legal Podcasts
        • Legal Videos
        • Military Air Installation – Property Noise Contour List
        • Signs in Hampton
      • Market Updates
        • Peninsula Market Updates
        • Virginia Market Reports
      • Member Tax Information
      • NAR Membership Benefits
      • National Flood Insurance Program Resources
      • REALTOR® Safety
        • Field Guide to REALTOR® Safety
        • The 10 Commandments of Agent Safety
        • Open House Safety Tips
        • Real Estate’s 6 Most Dangerous Everyday Situations
        • The Safety Talk You Need to Have With Clients
      • Virginia REALTORS® Member Benefits
    • Find A Member
    • New REALTOR® Membership Information
      • REALTOR® Membership Application Process
      • New Member Application
      • 2022 Dues Information
      • VPAR Monthly Membership Dues Payment Plans
      • NAR Code of Ethics Course For New Members
      • NAR New Member Orientation
      • NAR New Member Welcome Guide
      • REALTOR® Trademark
      • REALTOR® Property Resource (RPR) for New Users
      • Virginia REALTORS® New Member Resources
    • Affiliate & Partner Membership Information
      • Affiliate Membership
      • Peninsula Partners
        • 2022 Peninsula Partner Application
    • VPAR Life Membership Information
  • REIN MLS
  • Supra
    • Supra – New Member Orientation Video
    • Supra VPAR Sublease Agreement
    • Supra eKey Resources
      • Supra Agent Training Resources
      • Supra eKEY Customer Support
      • Supra Single Access Overview
        • Single Access with eKey – Listing Agent
        • Single Access with eKEY – Instructions for Users
      • Supra Website
        • SupraWEB Customer Support
      • VPAR Supra Rules & Regulations