Colorado Springs Realtor - Cherise's Blog: Immigrant Population Shifts

Immigrant Population Shifts

I just read an article from The Residential Specialist about the “Immigrant Shift.” As a Colorado Springs Realtor, the information I gleaned from this short segue sparked some marketing ideas for me.

From a study about Immigrants and Housing Markets in Mid-Size Metropolitan Areas, Colorado Springs experienced a 27 percent increase in new immigrant population. Quite frankly, I had no idea about this amount of influx of immigrants to our area.

And more profoundly, “the study estimates that immigrants and their descendants will make up 82 percent of U.S. population growth over the next 40 years.”

Perhaps all of us need to consider these numbers when creating marketing plans and serving other cultures which are different than those in which we are so comfortably familiar.

Feel free to contact our Colorado Springs Realtors at Selley Group Real Estate, LLC:

2139 Chuckwagon Rd, Ste 210 - Colorado Springs, Colorado 80919 - 719. 598. 5101

Portions of this blog are written by Gordon, as framed by the expressed opinions of Cherise, but not proofread.

Comment balloon 22 commentsCherise Selley • May 14 2010 01:13PM

Comments

This should be an eye opener for everyone.  We have realized this in Texas for a while, especially in the San Antonio and Austin areas.  This is exactly why I'm sprucing up on a second language (spanish) and am learning another.  The more set yourself apart - the better a commodity you'll be!

Posted by Jennifer Archambeault, An Austin Texas Realtor (Cardani Group, REALTORS® - Austin Texas ) over 10 years ago

Very good point Cherise. It is important to know who your future audience will be and set yourself up in advance to take advantage of the demographic changes.

On another note, the real issue is going to be the fact that there simply will be more people than we can house, feed, and employ. Buying multi family buildings right now would be a smart move.

Posted by Eric J, Dream Home Financing (Eric J - Dream Home Financing) over 10 years ago

This is a great article and very important.  In our market place immigrants are making up 50% of the new home purchases.  It's important for us to help them maintain their culture and serve them in the way they want to be served. 

Posted by June Piper-Brandon, Piecing Dreams One Home at a Time (Houwzer Inc) over 10 years ago

"the study estimates that immigrants and their descendants will make up 82 percent of U.S. population growth over the next 40 years."

That is amazing! I wonder how many will be Swedes like me? Not many I'm guessing.

Thanks for the interesting post, keep selling those Colorado Springs Homes!

 

Posted by Rich Cederberg, eXp Realty Agent Albuquerque (eXp Realty) over 10 years ago

Cherise  The Hispanic immigration has ecome a major cost factor in local communities - we have to be sure budgets reflect the true costs of all this, because taxes are going to increase

Posted by Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS" (RE/MAX Executives) over 10 years ago

Hi Cherise, this is probably a touchy subject in Arizona! Happy Friday! Tiffany

Posted by Tiffany Torgan, Featured on HGTV's New Show! How Close Can I Beach (Harcourts Prestige Properties of La Jolla) over 10 years ago

Yes and as we all know from the news, this is a subject that is changing our nation as we speak.

Posted by Paula McDonald, Ph.D., Granbury, TX 936-203-0279 (Beam & Branch Realty) over 10 years ago

Hi Cherise!  You and I read the same article!  I have known about this surge in NC and STILL have not taken action to adapt my marketing.  I'm a slow learner, I guess!  Those forward thinking individuals are going to be FAR ahead of me, unless I get on the ball and do something about it.  I have taken several years of Spanish in my lifetime but, not in the past 30 years!  I think I need a refresher too!

Hope you and yours have a wonderful weekend...

Posted by Debe Maxwell, CRS, The right Charlotte REALTOR! (www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310) over 10 years ago

Learning how to work with those who have different experiences and perspectives can be challenging, but quite rewarding. Overcoming some of the language barriers is tough. Gordon thanks for your input along with Cherise.

Cal

Posted by Cal Yoder, Homes For Sale in Lancaster PA - 717.413.0744 (Keller Williams Elite) over 10 years ago

Hi Cherise, Definitely something to think about and plan for.  We are a nation of immigrants, but I think sometimes we forget that.

Posted by Mary Douglas, REALTOR, Red Feather Lakes, Colorado (United Country Ponderosa Realty, Red Feather Lakes, Colorado) over 10 years ago

Jennifer,

I applaud you for your ambitions to learn another language.  I was thinking about hiring someone else from a different nationality.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Eric,

Appreciate your thoughts about urbanization.  I also believe this will be the trend for the future.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

June,

Great points in which I agree with.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Rich,

Not too many Swedes or for myself, not too many Hungarians.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Karen,

It seems like profit economics are always to be considered.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Tiffany,

I bet this is a hot topic for Arizona.  I'm inclined to agree with the 70% who agree with the new laws.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Paula,

It certainly is all-inclusive about citizenship, financing, jobs and integrating cultures for our nation to address.  Our population growth actually shows the greatest growth among Muslims, then Hispanics.  Within 50 years, the Caucasian population will comprise a minority of our population.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Debe,

Knowing your ambition, you'll probably speak fluent Spanish by the end of the summer.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Cal,

I am going to lean on Gordon for many blogs from here on out.  I'll tell him to look you up.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Mary,

Yes we are a nation of immigrants, for sure.  The complexities of cultural integration I believe are more difficult to figure out these days.

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

Cherise,  the percentage is shocking, but the thought process is not.  I have enrolled for the Fall semester of college for beginning Spanish, I am taking the class online, and intend to have my 10 year old son follow along, as this is where our country is headed is multi-ingual. 

Posted by Heather Fitzgerald, REALTOR Greenwood Indiana Real Estate (REALTY WORLD-Harbert Company, Inc.) over 10 years ago

Good for you Heather.  Great initiative...

Posted by Cherise Selley, Colorado Springs Realtor (Selley Group Real Estate, LLC) over 10 years ago

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