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A new study suggests that immigrants are fueling the housing market and have been helping growth over the last decade. Experts expect immigrants to continue to accelerate the housing market in the near future. Foreign-born property owners have shown growth each year since 1990. Immigrants have made up 39% of U.S homeowners net growth between years 2000 and 2010. The vice president for the mortgage Bankers Association, Mike Fratantoni said, “the pool of homebuyers is much more diverse than in the past.” More here
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