In the Pekin Real Estate market, record numbers of single women are buying homes. If you're a single woman 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.

Women home buyers in the Pekin Real Estate market 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 with well run homeowner associations 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.

If you are looking to purchase a home in the Pekin Real Estate market, I invite you to visit us at www.livinginpekin.com or to contact us directly at 309-241-0313.

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