Thu, July 31st, 2008
CHANGING DEMOGRAPHICS

I came across this interesting information which relates to my earlier blog about the “New” Old Neighborhoods.

Recently, Realty Times, a real estate resource for agents and brokers, painted a picture of what to expect in real estate in the next 20 years.  Here is what it says:

“The traditional household, (married couples with children), which comprised 90 percent of the households in 1950 will comprise only 65 percent of the households in 2030.

29 percent of the US households will be living alone in 2030.

Western and Eastern European descendents will decrease in numbers and the Spanish speaking population will increase from 31.4 million in 2000 to nearly 65.6 million in 2030.

From 2000 to 2030, the US population will grow by 82 million.

Population growth will return back to the city by 60 percent.  The non-traditional family will become the norm.”

We are realizing and experiencing an increase in our U.S. population from Spanish and Asian nationalities adding to the great melting pot that has characterized the United States since its inception.  Our cities, suburbs, and neighborhoods continue to grow and become more diverse introducing more traditions and cultures to the landscape.

Posted by Christina Rickey at 07:26 | Permalink |