Between 1995 and 2005, the number of Latino owner-occupied homes increased by 3.1 million, reaching 6.9 million. That's an 81% increase compared to a 19% increase for all other non-Latino owner-occupied homes, according to the National Association for Hispanic Real Estate Professionals' Web site.

In the next 20 years, Latinos are expected to make up 40% of all first-time home buyers, according to the Web site.