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Hispanics purchased 14.6% of all U.S. homes sold in ’05. In California, they comprise 28% of home buyers. The rate of homeownership among Hispanics hit a record 50% in Q4 of ‘05, according HUD. Low interest rates and flexible lending rules are the key cause factors. Hispanics are expected to make up 40% of first-time home buyers over the next 20 years. (USA Today 5/11/06)

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