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Tuesday, January 15, 2008

Bismarck Mandan Real Estate: Welcome to the Valley.... Renaissance Women

Record Number of women buying homes If you're a single woman in Bismarck who wants to buy a house, the good news is the market is wide open for you. The stats from the Joint Center for Housing Studies say:

More than one in five home buyers is a single woman.
Twice as many unmarried women are buying homes than single men.
Single women make up more than one-third of the growth in real estate ownership since 1994.

Top Three Reasons Unmarried / Single Women Buy a Home

Strong desire to own her own home.
Need more space or want smaller home.
Relocate closer to job, school or family.

Real Women Who Buy Real Homes

Women home buyers come in all sizes, shapes and ages. They are divorced, never married, separated, widowed; some have children, others live with friends or partners and many live alone.

Trends for Single Women Home Buyers

*3 out of 4 women spend less than $200,000.

*Prefer 2 bedrooms or more.

*Less likely to choose new construction.

*Buy in city over suburban areas.

*Will compromise size & cost to get other amenities.

*Will not compromise on location or quality of neighborhood.

*Prefer condominiums over single family homes.

*Smaller spaces are acceptable.

*Desire security and / or gated access.

*Like to engage in social interaction with neighbors.

*Want close proximity to stores, shopping and fitness centers.

Try a Professional in this magazine
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