DEMAND FOR THE SUPPLY

Where will Florida’s future homebuyers come from? A demographic report prepared for Florida’s Taxation & Budget Reform Commission – Florida Demographic In-Depth Analysis – offers some answers. The analysis looks at recent trends and projects how the state will change. For example, newcomers to the state accounted for 88.7 percent of the population growth between April 1, 2000, and April 1, 2006; and in 22 counties, all growth can be attributed to the arrival of newcomers. Projections call for a population increase in Florida of 44 percent by 2030, with most of those new residents (potential homebuyers) the result of migration. The complete study can be downloaded in PDF format on floridarealtors.org at: http://www.floridarealtors.org/LegislativeCenter/Research/index.cfm

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