Sunday, September 30, 2007
Fargo Real Estate: Welcome to the Valley.... Renaissance Women
Record Number of women buying homes If you're a single woman in Fargo 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.
Areas included are
Dilworth, Hawley, Glyndon, Hitterdal, Hendrum, Lake Park Audubon Audobon, Cormorant Lakes, Detroit Lakes, Sabin, Downer, Rollag, Vergus, Pelican Rapids, Felton, Georgetown, Perley, in Minnesota and West Fargo 58078, Mapleton 58059, Casselton 58012, Prosper, Gardner, Grandin, Argusville, Kindred 58051, Colfax, Christine, Davenport 58021, Leonard, Hillsboro 58045, Hope 58046, Page 58064, Arthur 58006, Absaraka 58002, Wheaton, Horace, Harwood, Hunter, Reiles Acres, Frontier, Prairie Rose, Amenia, and Hickson Oxbow North Dakota