WHEN HOUSING MARKET REBOUNDS HISPANIC BUYERS WILL PLAY A MAJOR ROLE

THE HISPANIC BLOG IS THE LATEST HISPANIC NEWS BY JESSICA MARIE GUTIERREZ

When the housing market finally rebounds, Hispanic buyers will play a major role, according to a new report. Hispanics purchased 288,000 homes in the third quarter of 2011, accounting for more than half of the increase in owner-occupied homes in the U.S. during that period. Furthermore, the group is expected to account for 40 percent of the estimated 12 million new households expected to be created over the next 10 years. That’s according to a recent report by the National Association of Hispanic Real Estate Professionals (NAHREP). It’s a trend that will be driven by demographics, with Hispanics not only representing an increasing share of the U.S. population but a dramatically expanded share of the wealth as well.

“Despite recent losses suffered by Hispanics during the housing crisis, young Latino families that were unaffected by foreclosure or lost home values, are ready to enter the market,” said Carmen Mercado, president of the 20,000-member group. “When they do, they will have an exponential impact on housing sales.”

Increasing share of population, economy

The report notes that Hispanics have accounted for nearly half (44 percent) of U.S. population growth over the past three decades, and accounted for more than half of the real growth in the U.S. consumer economy from 2008 to 2011. It says that Latinos filled 60 percent of the 2.3 million jobs the U.S. economy added in 2011 and are expected to account for 74 percent of the growth in the nation’s labor force in this decade.
That’s partly driven by population – from 2000 to 2001, non-Hispanic whites in the U.S. had only 1.1 live births for every death, while Hispanics had 8.9 births for every death. Hispanics are also seeing higher levels of educational and professional attainment – high school graduation rates have been rising over the past decade, and nearly one-third of young Hispanics (32 percent) were enrolled in college in 2010, up from 22 percent in 2000.

Fastest household growth of any group

“New household growth will be substantially greater for Hispanics than for any other demographic group in the country,” said David Stevens, president of the Mortgage Banker‘s Association. “The need to recognize the most critical variables in housing type, price range, affordability, and mortgage product terms will be critical for all housing stakeholders — from lenders and realtors to policy makers — in order to ensure that the homeownership needs of Hispanics and other Americans are met.”
The study reports that Hispanics continue to have a strong desire to own their own home despite the housing crash still being a fresh memory and the uncertain state of the economy, with two-thirds of Hispanic renters saying expressing high aspirations for home ownerships.
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WATCH ARTURO VARGAS ON CSPAN DISCUSS VOTER TURNOUT, IMMIGRATION, VOTER OUTREACH AND VOTER ID

THE HISPANIC BLOG IS THE LATEST HISPANIC NEWS BY JESSICA MARIE GUTIERREZ

WATCH THE CLIP:
http://www.c-spanvideo.org/videoLibrary/assets/swf/CSPANPlayer.swf?pid=304987-5

Arturo Vargas talked about NALEO’s (National Association of Latino Elected and Appointed Officials) voter turnout projections for the Latino electorate in the 2012 election, and he responded to telephone calls and electronic communications. Topics included immigration issues, NALEO’s voter outreach efforts, and voter identification laws.

Arturo Vargas is the Executive Director of the National Association of Latino Elected and Appointed Officials, a national membership organization of Latino policymakers and their supporters governed by a 25-member Board of Directors.  Arturo also serves as Executive Director of the NALEO Educational Fund, an affiliated national nonprofit organization that strengthens American democracy by promoting the full participation of Latinos in civic life.

The NALEO Educational Fund’s programmatic activities include U.S. citizenship outreach and assistance, civic participation and integration, voter engagement, technical assistance to elected and appointed Latino officials, research on Latino demographic and electoral trends, and policy analysis and advocacy on access to the democratic process.

Arturo is a nationally recognized expert in Latino demographic trends, electoral participation, voting rights, the Census, and redistricting.

Arturo holds a masters degree in Education and a bachelor’s degree in History and Spanish from Stanford University

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HOW ACCULTURATION AFFECTS TWO GENERATIONS OF HISPANICS

THE HISPANIC BLOG IS THE LATEST HISPANIC NEWS BY JESSICA MARIE GUTIERREZ

According to the study, developed by Yahoo, Mindshare, and Added Value, marketers must understand the nuances between the two generations of Hispanics, and how acculturation affects their preferences. The findings stress the notion of how the majority of the Latino population is second generationAmerican born, and bilingual/English speaking.

ac·cul·tur·a·tion

noun \ə-ˌkəl-chə-ˈrā-shən, a-\

1: cultural modification of an individual, group, or people by adapting to or borrowing traits from another culture; also : a merging of cultures as a result of prolonged contact
2: the process by which a human being acquires the culture of a particular society from infancy

Latinos do nurture ethnicity more than other segments. This is manifested through a series of behaviors like exposing their children to their Latino background, trying to get in touch with their Hispanic identity, feeling very comfortable as it relates to their ethnicity, and being part of activities/traditions that celebrate their heritage.

The Generational Latino Gap

When it comes to generation breakdown, there are some differences that marketers need to consider. Let’s take identity and values, for example.

First-generation Latino behavior is much more influenced by ethnicity. Their Latino background plays a major role when it comes to feelings about their individuality, religion, and values. It also affects how they socialize (neighborhoods, close circle of friends, etc.) and other behaviors (eating habits, celebrations, vacations, etc.). For second-generation Latinos, ethnicity is more about outward expression and bicultural in nature.

Content plays an important yet different role. First-generation Hispanics seek content that is in Spanish language and speaks to their ethnicity for topics like news, entertainment, and food. Second-generation Hispanics are more sensitive to how their ethnicity is portrayed in the media.

Second-generation Latinos have a stronger civic commitment. They care about the role Latinos are playing in today’s American society. They are very involved in discussions about Latinos’ role in the elections, immigration debates, etc. They want to play a major (influential) role and want to make sure that they are taken into consideration.

latino-news-coverage

The Common Thread: Authenticity

For both first- and second-generations, ethnicity is an important part of the past and the present. Both segments agreed: it influences “who I am” and both feel very proud of “how I grew up” as well as “my ethnic identity.”

Ethnicity plays a significant part of the Latino identity. As David Iudica, a bicultural Latino himself, said to me: “I have my feet firmly planted in both worlds, it’s an important part of my identity.”

Overall, it seems that marketers have a long way to go in order to better impact Latino audiences. For different reasons, both first- and second-generations feel they aren’t being represented or spoken to in the right way.

1st-generation

2ndgeneration

This reminds me of a controversy that happened a couple of weeks ago around a proposal to recreate a mural on the walls of the Mission Drive-In Theater in San Antonio, Texas. The images, one of a Mexican sitting asleep against the wall with his sombrero covering his face and another with a stereotypical Mexican posing with a burro, backfired. Sometimes marketers, in trying to connect with Latinos, get hooked with their own stereotypes and generate negative reactions rather than relevance.

The (Right) Approach When Marketing to Latinos

A successful Latino marketing strategy should be built on a common thread: what are the attitudes and behaviors – related to your product category – that bring Latinos together?

A sense of pride, identity, and authenticity (the world I live in) are important for all Latinos.

Authenticity is key. Choosing an authentic Hispanic spokesperson, rather than a well-known spokesperson, is relevant to all Latinos.

Latinos crave ethnic-specific marketing messages, yet portraying an appropriate level of diversity in advertising is critical.

If done right, Hispanics will talk about advertising positively, but they will also be quick to call out negative portrayals.

Messaging should be customized to speak to the individual needs of each generation:

  • For first-generation Hispanics: speak in their language and make sure to authentically represent their ethnicity.
  • For second-generation Hispanics, you need to portray them as part of a bigger whole: represent diversity in general messaging and show how Latinos are influencing the mainstream. Don’t address them simply as Latinos: talk to their whole bicultural identity.

First-generations want Latino content, second-generations want mainstream content but with a Latino flavor.

Authentic Bobbleheads

Will Ferrell’s “Casa de mi Padre” seemed to connect with the Latino audience and is set to be a box office success. But, when it comes to how brands “talk” to Latinos, not all are successful stories. Think of Jaime Jarrin, a Hall of Fame broadcaster, who has not been included in the Dodger’s 50th-anniversary bobbleheads. Jaime is Latino and broadcasts in Spanish and, according to The Los Angeles Times, that’s why he was left out. As the article says, “Jaime Jarrin’s primary language has always been Dodger. It’s a shame that, in this case, the Dodgers seem to be the only ones who don’t understand.”

Ask second-generation Latinos. See if they find this kind of behavior to be authentic.

READ MORE: CLICK Z

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LEARN A SECOND AND EVEN A THIRD LANGUAGE

THE HISPANIC BLOG IS THE LATEST HISPANIC NEWS BY JESSICA MARIE GUTIERREZ

It’s Politics: Dual-Language immersion program

With the rise of the global economy, school districts across the nation and plenty within the San Gabriel Valley have adopted dual-language immersion programs. The idea is simple: teach children a foreign language when their brains are still developing. From what experts in language development tell us, those dual-language learners will not only learn a second language, but will demonstrate an even greater mastery of their native tongue.

And it’s no surprise which languages are most popular with parents who choose to enroll their children in dual-language programs: Spanish and Mandarin (Chinese). The Latino population in the U.S. exploded in the last 20 years and it shows little signs of shrinking. Meanwhile, China has lent us enough money that it wouldn’t surprise anyone if the Yuan replaces the dollar as the world’s reserve currency. But what about teaching the children a third language? One that will benefit them every election cycle.

How about we teach the kids Politician Pig Latin? We have all heard Politician Pig Latin, the language of buzzwords, jargon and ambiguous phrases which politicians use during stump speeches and press conferences. It’s a language riddle with multi-syllabic words which say absolutely nothing. You have heard some of the words: “stakeholders,” “partners” “outreach” and “community buy-in.” The standards English definitions of these words don’t apply when translated from politician Pig Latin.

For example, “Stakeholder” is voting citizen who gave to the winning official’s campaign. A “Partner” is a local business person, and a voter, who gave enough money that when he or she calls, the elected official might pick up the phone. “Outreach” is a Facebook page or website enabled with a PayPal account. “Community buy-in” roughly translates into a meeting with the public scheduled at a time when those opposing the politician’s plan can’t show up. In newsrooms, we have seen the press releases written completely in Politician Pig Latin:
“I have long championed the need to balance our budget and pay down our debt, and will continue to do so,” wrote one local lawmaker in recent a press release.

Huh? The part about a “balanced budget”, clear. The part about “paying down our debt” , got it. But championed … what? Did this elected win some belt or a sports title? Merriam Webster defines championed as someone who “protects or fights for, as a champion.” The second definition is one who acts as a “militant supporter” for a cause. I doubt our elected leaders are “militant” supporters of anything. But the direct translation of “championed” from Politician Pig Latin to English is “one who barks really loud on the floor of a legislative body to pass a law, but achieves little actual success.”
Politician Pig Latin is not the hardest language to learn, but with all the things people are tasked with during the day – working, paying bills, raising children and picking those kids up from roller hockey – who has the time to learn another language as an adult? And I have yet to see a class in Politician Pig Latin at a local community college. Maybe it’s time we start equipping our children with the skills to decipher what our elected leaders are actually talking about. They might even grow up to make informed choices.

READ MORE: SGV Tribune

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IS PEREZ HILTON ON UNIVISION’S “EL GORDO Y LA FLACA?”

THE HISPANIC BLOG IS THE LATEST HISPANIC NEWS BY JESSICA MARIE GUTIERREZ

photo: celebritytwits.com

Famous blogger for celebrities Perez Hilton will be part of the entourage for Univision’s program “El Gordo y la Flaca,” the network announced Wednesday.Every Thursday, Hilton will have a segment from California on the show to report on the latest gossip and buzz concerning Hollywood stars.

Hilton – whose real name is Mario Lavandeira – was born in Miami to Cuban parents and is one of the key bloggers for the entertainment industry. His online work arouses among his fans all sorts of feelings – except indifference – and his blog gets an average of 200 million visits per month.

Hilton recently got his first acting role in Spanish, playing the part of a “paparazzo’s guru” who gives advice to the protagonist of the MTV Latin America telenovela “Popland.”Lavandeira studied drama in college and has appeared in drama series including “The Sopranos,” and as himself in reality shows like “Double Exposure” and “Holly’s World.” EFE

Check Out Blogger Perez Hilton & His New Segment on “El Gordo y la Flaca”

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