Friday, May 18, 2012

Hispanic real estate association comes to Charlotte

With a growing number of Hispanic residents and homeowners in the Charlotte-Mecklenburg region, a national real estate professional association catering to that market is opening a chapter in the city.
The Charlotte chapter of the National Association of Hispanic Real Estate Professionals will officially launch Wednesday, said Oscar Reto, 46, president of the local chapter. Nationally, the association has about 20,000 members and 48 chapters, including the newly established one in the Queen City.
In 2010, more than 12,000 homes were Hispanic-owned and -occupied in Mecklenburg County, according to the U.S. Census Bureau. Another 17,900 homes were rented by Hispanic residents. Ten years earlier, Hispanics had owned and occupied 2,900 homes in Mecklenburg County and rented another 8,400, data show.
Reto recently moved to PrimeLending, a national mortgage lender. For 10 years, he was a senior mortgage loan officer and a banking center manager for Bank of America.
Questions and answers have been edited for brevity and clarity.
Q. Why open a chapter in Charlotte?
The growth of the Hispanic community is huge here in Charlotte. People are moving here from New Jersey, New York, Ohio. Some are bilingual, some ...Read more here

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