Hollywood Real Estate – Diamond of the Gold Coast
Hollywood, Florida might share its name with the famous Hollywood, California, but it is also illustrated his famous cousin. Hidden at the southern tip of Florida, the city of Hollywood, is in the ten largest cities in the state of Florida. This city covers an area of a square of about eighty miles and contains about one hundred fifty thousand inhabitants. The city also known as the Diamond of the Gold Coast, has more than ten kilometers of pristine beaches of the Atlantic. Several freshwater bodies cover about ten square kilometers inland area.
The city is relatively young, having been founded in 1925. However, the decades of 50 and 60 years witnessed high growth rate of the economy and population. Since 2000, the city hosted a property worth over a massive six billion dollars.
In the last census, the population of the city of about one hundred thousand, fifty, divided into about thirty-five thousand families are accommodated in the sixty thousand homes. The back of the envelope calculation shows that the density of population of this city is moving 2000 square kilometers. With nearly 70,000 houses spread over eight square kilometers, the density of housing is proving a little more than 950 homes per mile square.
The population consists mainly English-speaking whites, about 78 percent of the population are white and about 67% of the population Overall, English is the first language. Other minority groups in the city are Spanish-speaking citizens (a little over 20%) and African Americans (approximately 12% of the total population). The city has a vibrant social life, and that perhaps arises from the fact the city's population is relatively young. Up to 60% of the population has less than 45 years and the median age of the population of the city Hollywood, Florida is 39 years.
Hollywood scores fairly high in infrastructure the matrix. The city is served by the 23rd busiest airport in the United States, Fort Lauderdale-Hollywood International Airport. The city also houses a large number of schools public elementary, middle and high school. All these factors make Hollywood a great city to live in this city's economy is dynamic. If you have been the intention progress in Hollywood, you're in good company. The population of this city has grown very rapidly between 2000 and 2005 and this growth is due mainly to the steady influx of immigrants from other regions. Thanks to its healthy climate, vibrant civic life, low cost of living and a relatively low crime.
Hollywood Real Estate is beautiful and elegant. Today there are 4,000 houses and condominiums for sale in Hollywood. Median home price in this city is about $ 347,000 dollars and some have cost over $ 3,000,000. The foreclosed properties are at a record high as banks adjust their interest rate and adjustable end a housing boom, which lasted about three years. The non-payment and exchange offers 1 percent teaser are gone and so many houses that were financed in this way. Smart investors purchase selected properties in Hollywood. From Hollywood real estate market is still booming and will continue to grow in coming years.
About the Author
Hector Lesende is Owner/Licensed real estate broker in
South Florida Real Estate
Please visit
Miami Real Estate
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Hollywood Pines Real Estate
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