As home prices in the Bay Area continue to remain high, the rate of homeownership among Latinos has declined, even though it has risen nationally.
On a sunny day in El Sobrante, Lizbeth Alarcon hoped to help Alejandro Salvio and his family find their next home.
Alarcon says she has plenty of clients who are looking to buy a home, but the majority of them are Latino buyers looking to do so outside of the Bay Area, because of a lack of affordability. The three least affordable markets for Latinos were the San Francisco-San Mateo-Redwood City market, San Jose-Sunnyvale-Santa Clara market, and the Oakland-Berkeley-Livermore market, according to a the 2022 State of Hispanic Homeownership Report by the
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