When a lot of people think of buying a home, they picture it as a part of settling down and building a family. There’s a pretty good reason for this; couples and families do make up a hefty portion of home-buyers. But there is a growing trend among buyers that bucks this tradition: Single people have become increasingly likely to shop for a home in recent years.
The Importance of Singles Buying Homes
There are multiple reasons why the increase in singles buying homes is noteworthy. The rise in purchasing homes alone may be due in part to overall changes in society, with individuals marrying or starting families later in life, after trying to achieve stability. It also speaks to the increased economic power of the Millennial generation, with those in their 20s and 30s able to buy a home of their own even as they’re working on building a career.
Of course, there is one other important thing about more singles buying homes that is easy to overlook. Those looking to sell their home may focus on making their property as appealing as possible to older buyers or those with families, missing out on this growing segment of homebuyers. Realizing that more singles are buying homes allows sellers to market their property to a wider range of buyers, increasing the likelihood of selling a home quickly and without having to compromise substantially on asking price.
What real estate trends do you want to talk about?
Author:Susan Magee Phone: 804-334-5087 Dated: January 24th 2020 Views: 1,699 About Susan: As a mother, wife and businesswoman, my determined spirit has taken me through personal and professi...
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As a mother, wife and businesswoman, my determined spirit has taken me through personal and professional success, and it is definitely the foundation for my achievements as a real estate expert.
By listening to you closely, I am able to quickly identify what you want to achieve and guide you through every step of the real estate process to ensure you get optimum results. Not only do I understand each phase of the real estate process, I do what it takes to make things happen smoothly, quickly and efficiently, and without stress to you. I strive to keep the lines of communication open, and be available when you need me.
When I am not working you will find me spending time with my family, taking the g randkids to the movies, or doing a little shopping.
When a lot of people think of buying a home, they picture it as a part
"Great Realtor. Very knowledgeable about the Richmond Virginia market. When there were issues and questions, she was very responsive, which is critical, especially for something as important as buying my home. I can't imagine not having Susan Magee and her team, in my corner."