Our Strength is in Las Vegas' Changing Demographics

The Las Vegas Review Journal ran an article titled,

Las Vegas to be Tested on Ability to Sustain Prosperity

 containing the graphic below.

 The articles states that Las Vegas Strength lies within its;

Growing Diversity, Younger Population and Increased Income and Wealth.

 Which are also all positive factors in 

strengthening our Las Vegas Real Estate Market.

Who's Buying Homes? young or old ...

Interesting Comparison of who is Buying homes broken down by age groups.

in 2005, 10 years ago the country seemed even.

10 years later things seem different.

So what happened?

We had a housing bubble / crisis.  A Struggling Economy.

We hear a lot about how the millennials can't find jobs.

North Dakota had a Fracking Boom.

Florida has a lot of Retirees.

Not exactly sure what causes changes like these but they are interesting to look at.