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

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“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.”"

SOURCE: in English / Fuente en Ingles
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Posted on: June 4th, 2006
Curation from Tomás
Filed Under: 1. Hispanic News, Business, Immigration, Politics, Real Estate, Top Stories
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