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Economic Conditions Find Families Joining Forces in Scranton Pa

Reblogger Bonnie Vaughan
Real Estate Agent

A fellow Active Rain Realtor posted this blog regarding the changing climate of real estate.  In the Scranton Pa area this scenario is one we see often.

During hard economic times families often join forces and share living expenses.  Parents are looking for housing which can accommodate their grown children and possibly grandchildren.


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Original content by Barbara Hensley

Economic Times Impact Family Structure | Changing Real Estate Market | Search MLS | Rockwall County 

Hello Muddah, Hello Fadduh! 

I'm Moving Home!

Does anyone remember Allan Sherman's hilarious hit song which earned him a Grammy award?  The song was inspired by letters he received from his son who was away at camp.  The song came out in 1963 and was an immediate hit! 

The "I'm Moving Home" is my addition bringing it up to date for our current economy.  In the good old days kids left home for college, graduated, found a job and moved out of the family home.  That is not always happening today.  Many of these kids are not finding jobs that will support living on their own. 

Here comes the Bride.....and the Groom!  Not only are kids moving home, they are often bringing a bride or groom with them - back to the old home place with dear old mom and dad.  Many times this starts off as temporary but settles into something more permanent.   

This is impacting the real estate market in a number of ways.

Parents who were planning on downsizing now need the space.  Parents who downsized while the kids were in college now do not have enough space for the extended family.

Economic Times Impact Family Structure | Changing Real Estate Market | Search MLS | Rockwall County 

Changing times, changing family structures demand new housing solutions.

Rowlett

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FAMILIES MOVING IN TOGETHER - Impacts the real estate market! 

Times are changing and families are learning that life can be good living and sharing together in these ever changing times.

 Move to Rockwall County - The Sweet Side of Dallas!

Now is a good time for extended families to look at new options in  homes for sale in Rockwall County.  There is a good inventory of well priced homes for sale in the Rockwall market.  These affordable homes are proving to be of interest to families as they deal with their changing family structure. 

Now is a good time to buy a home in Rockwall County!

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Barbara Hensley, RE/MAX Hometown

The Barbara Hensley Collection

972-772-9699     barbara@barbarahensley.com 

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Barbara Hensley
The Barbara Hensley Group @ RE/MAX Hometown 
972-772-9699

Search for Homes in Rockwall please visit
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Barbara Hensley
RE/MAX Properties - Rockwall, TX
Homes for Sale in Rockwall County, Texas

Bonnie - seems to be happening everywhere!  Thanks for the re-blog!  Enjoy your day!

Sep 21, 2011 05:46 AM
Bonnie Vaughan
Scranton, PA
CNE SFR - Buyers/Sellers - Lackawanna & Surroundin

Your welcome Barbara.  I'm seeing it as well.  It is a sign of the times

Sep 21, 2011 11:02 AM