Living Alone and Likin’ It

Living Alone and Likin’ It

According to NAR’s [National Association of Realtors] latest figures,

Did You Know: November 6, 2009, the increase in single

owner households in on the rise.  They attribute it to baby-boomers that

are widowed but staying in their home.  There has been an increase in

single women purchasing homes, per NAR’s stats, almost one-quarter of

first time home buyers were single females who purchased their first

home on a median income of $47,400.

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The national average for single occupant households is 28%.  This figure

is likely to rise after the results of the 2010 census is revealed in January.

This trend is good news for the small bungalows and ranch homes built

after World War II that are on the market today.  We have found that

condos and townhouses have great appeal to the single buyer, too.

It used to be unusual for people to live alone but is much more

accepted as the norm today.

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The authors of the this blog write about Grand Rapids Real Estate,

the Greater Grand Rapids MI area, and what it is like to live in

West Michigan. Grand Rapids Michigan is a vibrant, growing

metropolitan area with a diverse business community, great medical

research & services, numerous universities, plus lively arts and

entertainment of all kinds.

We believe: Grand Rapids is a Great Place to Live!

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Westbrook Realty Grand Rapids MI Real Estate

Contact Terry   616-292-7263

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