Single buyers have different needs
SUNDAY, JULY 29, 2012
BY VIOLET SNOW
SPECIAL TO THE HERALD NEWS
THE RECORD
“It’s been stressful thinking about where I want to live,” says Tara Pshybyshefski, a single woman who closed on a home in Waldwick this month. “I made a list of what was important to me and what I was willing to give up. I’m moving away from family and friends. It’s a lot of anxiety, but I know in the long run it’s worth it. I’m excited.”
Pshybyshefski joins the ranks of single home buyers who have made up a quarter to nearly a third of buyers in the U.S. the past five years, according to the National Association of Realtors. Figures have fluctuated slightly, with single women amounting to a high of 21 percent of buyers in 2008, down to 18 percent in 2011. The NAR attributes the drop to the slow economy, which makes financing more challenging for singles. The percentage for single men has remained largely consistent at 10 percent, with a brief spike up to 12 percent in 2010.
https://www.northjersey.com/realestate/164195356_Siingle_buyers_have_different_needs.html