Living Alone and Liking It

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.

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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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