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Tim O'Keefe
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This in from the Wall Street Journal:

  • Hispanics now account for more than 15% of the U.S. population
  • Hispanics control more disposable income than any other minority group. The figure stands at $860 billion a year and is expected to hit $1.3 trillion by 2012.
  • Between 2000 and 2007, 16 states -- among them West Virginia, Illinois and New Jersey -- saw their white population decline, according to the new Census data. Over the same period, whites accounted for a majority of population growth in only 11 states.
  • According to the Pew Research Center, whites are projected to make up only 45% of the working-age population in 2050, down from 68% in 2005.
  • The center projects that the share of Hispanics in the working-age population will double rising from 14% to 31%.

Niche real estate markets

Posted by Tim O'Keefe | 0 comment(s)