Hispanic influence growing rapidly hmacs

Over the next five years the Hispanic population is expected to lead the growth in new home ownership. The buying power of this group will alter the landscape here in Southwest Florida and help to drive the growth of the market.

Hispanics comprised 11 percent of the population in Lee County in 2005, and are expected to reach 15 percent by 2010. Currently, 47 percent of Hispanic population are homeowners vs. 69 percent for the population at large.

Homes elude increasing population of Hispanics [News-Press]

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