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Monday, December 31, 2007

U.S. Population to Top 303 Million on Jan. 1

From Realtor Magazine Online, Daily Real Estate News December 31, 2007

The U.S. Census Bureau calculates that the nation’s population will be 303.15 million on New Year’s Day, up 0.9 percent from 2,842,103 registered on Jan. 1, 2007.

In 2008, the population will increase by one person every 13 seconds. That increase will be the result of one birth every 8 seconds and one death every 11 seconds and one immigrant arriving every 30 seconds.

And all these new residents have to live somewhere – a good sign for the housing market, experts predict.

Source: Reuters News (12/27/07)
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