(Source: Freddie Mac, PDF)
- Asians represent the second fastest growing minority population in the United States. Although many of these immigrant households will become homeowners in the coming decades, very little is known about this growing market. To gain a better understanding of the cultural norms and expectations of Asian first-time homebuyers, Freddie Mac conducted focus groups involving Chinese, Korean, Vietnamese, Asian Indian, Filipino, and American-born Asian consumers and real estate professionals.