ith the U.S. population continuing to grow, experts believe that the housing market will explode in the 21st century. Each year, more than 1 million new households are formed, each representing potential homebuyers.*

Take a look at the kinds of homes people will buy in the future, and how owners will use their homes.

Immigration factor
Demand for starter homes is significantly increased by the number of people moving to the United States from other countries. More than 66 percent of immigrants who have been in the United States for at least six years own their own home.

Seniors
Older Americans want housing that is easy to maintain and provides recreational facilities, but they generally prefer to remain homeowners. So, experts predict that increasing numbers of seniors will have the financial means and desire to own smaller homes.

Minority homeowners
As racial and ethnic diversity increases in the United States, the number of homes owned by minorities will also increase. By 2010, African-Americans will head 14.2 million households, Hispanic households will double to 4.3 million, and Asian and Pacific Islanders will own 11.9 million homes.

Mortgages:
Easier than ever
As obtaining mortgage financing becomes more accessible, homeownership will increase. If you're looking for a convenient home mortgage with a competitive interest rate, you need look no further than your local LaSalle branch.

We offer a variety of mortgage options to fit your individual needs, including:

• Conventional fixed- and adjustable-rate loans
• FHA and VA loans
• Affordable home mortgage programs

For more information, or to apply for a loan, visit your local LaSalle branch and talk to your LaSalle banker.

*All statistics from Real Estate Outlook, January 1999.