Our Real Estate Market Fueled by Population Growth

A University of Florida study concludes that Florida will continue to see substantial population growth in the future.

"The spate of devastating hurricanes should not deter Florida’s population growth, which is expected to increase steadily over the next quarter century with the fastest growth occurring in metropolitan fringe areas, a new University of Florida study finds.

"The state’s population, estimated at about 18 million people in April 2005, is forecast to reach about 20 million in 2010 and nearly 25 million in 2025, said Stefan Rayer, a demographer with UF’s Bureau of Economic and Business Research.

"By 2030, the Sunshine State is expected to have 26,419,200 residents, about a half million more than last year’s projections called for, he said.... Projections are calling for the years 2000 to 2010 to have the largest population increase in Florida's history."

What does that mean for Bradenton, Florida and Manatee County? People love this area and continue to find our home prices, economy, weather, and recreation quite attractive. This is a great place to live and invest in real estate.

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