Real Estate and our Economy: Forecasting the Future
By Sandy Erickson
(Keller Williams Integrity Realty)
I attended a forum on Forecasting the Future. Dr. Lawrence Yun, Chief Economist and Tom Gillaspy, Minnesota State Demographer, stated facts and opinions on many topics that affect the future of all of us. I was relieved that it was not the "doom and gloom" that we all keep hearing and reading about. Yet, they were honest about the trying state our economy is currently in. I thought you may be interested in some of the highlights... Minnesota is a prosperous, successful state! We rank 4th in most livable states, 8th in the lowest amount of poverty and almost the highest in the level of employment ratios. Minnesota is an aging state. Empty nesters and singles over age 65 are soon going to be the #1 household demographic. Married couples with kids will stay stagnant. This year's high ...