Living in St. Petersburg, Florida!

The town of Saint Petersburg is a great town that is full of arts and culture. The town symbol is the Pelican, and  you can even join a volunteer group that feeds these birds during the winter months! A popular place in Saint Petersburg is the Salvador Dali museum. Salvador Dali was a fantastic surrealist artist whose paintings influenced so many lives in a positive way. You will definitely be fascinated by his talent. This museum houses more Salvador Dali works than any other museum in the entire world. The city is not too far from downtown Tampa, a mere 20 minute trip across the bridge. A beautiful city in a beautiful area of Tampa Bay. Come check out St. Petersburg, Florida!

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Hispanics to Make Up Half of New Buyers by 2020

Some housing experts say a “mega-boom in home ownership” is brewing as Hispanic Americans look to join in home ownership. Indeed, Movoto, a real estate brokerage in San Mateo, Calif., predicts Hispanics will make up half of new home buyers nationwide by 2020.

The growtin in that time frame is expected to be big, considerint that currently 75 percent of first-time home buyers are white and only 11 percent are Hispanic.

But observers say that with Hispanics' birth rates and purchasing power drastically increasing, Hispanics are expected to be a powerful force in real estate in the coming years.

More than half of all infants born in the United Sates last year were minorities or multiracial, according to U.S. Census data. Hispanics account for 8.9 births for every death, while whites have 1.1 births for every death. The Hispanic population in the United States has more than tripled between 1980 and 2010, according to the National Association of Hispanic Real Estate Professionals’ data. "In veneral, Hispanics hold fast to the American dream," states a recent article at Forbes.com. “According to national housing surveys, despite worries over jobs and the economy, they are more eager to become home owners for both emotional and financial reasons.” 

Source: "American Dream: Hispanic Home Buyers on the Rise," Forbes (May 31, 2012)

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