Decline in Latino home buying seen as effect of new state law. Georgia

“Home buying among Latinos in metro Atlanta has slowed significantly in recent months amid jitters over immigration reform, say real estate agents and lenders who cater to the Spanish-speaking community.

The cooldown is an early sign that a 2-month-old Georgia law intended to reduce illegal immigration could be having an effect.

“There’s no question that there’s a panic in the Hispanic community,” said Raymond Amengual, a lender with AHM Mortgage. “The problem is not so much their immigration status as the new laws that make them think they might not be able to work.”"

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