Recent expert quote on demographics
"You've got demographics that are overwhelming. There are 78 million baby boomers, their kids and minority home ownership has grown to about 50% from 40% in the last ten years. Interest rates are near historic lows, unemployment is under 5% and, overall, the economy is good. So, I think the long-term outlook for real estate is solid." Jim Gillespie, CNBC.com. "Coldwell Banker CEO: Now Is Best Time to Buy a House," March 27, 2007.