Saturday, August 17, 2013

What is going on in real estate from Dawn Thomas Intero Los Altos

Beyond the Headlines- What’s Happening in Real Estate Pt 44

Post image for Beyond the Headlines- What’s Happening in Real Estate Pt 44
by The Dawn Thomas Team on August 16, 2013

The Dawn Thomas Team is constantly trying to keep our clients and the inquiring public up to date on the goings-on of the Real Estate Market. These days there is so much information coming out daily that it’s hard to keep it all straight and not miss important articles. We’ve recently written about sellers, buyers, taxes and loans-all of these things are important factors in the Real Estate Market-a very integral arm of our current economic climate. So today we give you two articles–and a bit of advice– that we think are important for you, our clients and the public, to know. Read on!
HOMEOWNERSHIP: WHERE SINGLE WOMEN PREVAIL
Source: The New York Times
Single women are buying at roughly twice the rate as single men, as they accounted for 16 percent of home buyers last year, while single men accounted for only 9 percent. Men haven’t caught up to women, who began to outpace men in home-buying in the late 1990s. As the primary earners in their households, women more than ever before are the breadwinners with the financial resources to plan for their future.
Read the full story
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MILLENNIALS WARY OF BUYING FIRST HOMES
Source: The Associated Press
A record number of young adults are living with their parents, which greatly impacts consumer spending since they are not forming their own households. The Pew Research Center found that 21.6 million Millennials were living with their parents in 2012, which is an increase from 18.5 million before the recession’s 2007 start. The economic fallout and social implications of these statistics remain a cause for concern for the long-term health of the nation’s economy.
Read the full story
This blog is courtesy of The Dawn Thomas Team who is an award-winning Real Estate Agent team at Intero Real Estate Services in Los Altos 650-701-7822. We help nice people with selling and buying homes in the greater Silicon Valley and Beyond!

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