According to NAR's [National Association of Realtors] latest figures,
Did You Know: November 6, 2009, the increase in single owner households is
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.
Click on photo to see flyer
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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If you are looking for a home in the Grand Rapids Area, we service the following areas: Metro Grand Rapids, Ada-Cascade, East Grand Rapids, Caledonia, Kentwood, Lowell, and Rockford. We have assisted Grand Rapids buy & sell homes for the last 35+ years. Call 1-616-292-7263 to talk with Terry or email him at: terry@terrywestbrook.com.
For MLS access to the homes for sale in the West Michigan Area,visit: Westbrook Realty ~ Grand Rapids Real Estate for a free search. Your search can be saved and modified as you view homes, with no obligation.
Thinking of selling your home? We offer one of the most extensive marketing campaigns in Grand Rapids with a major online presence for your home. With over 85% of buyers looking for homes online, this is where we concentrate our efforts. Click here to view Terry's Realtor profile.
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Westbrook Realty - Giving You Our Personal Best
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I don't think I could ever live alone I need someone around to talk to.