There is a new trend in buying Gig Harbor real estate . The majority of new homeowners are young, single women. Actually, there was a 6 percent jump in female buyers between 2001 and 2005.
Most young singles are looking for a safe neighborhood, close proximity to entertainment, and affordability. Recent immigrants and minorities make up even more of the buying market. To build equity so that a bigger home can be acquired, many are beginning with condos. Finally, retirees and empty-nesters are downsizing and migrating to active adult communities. They are through with huge houses and would rather live in smaller homes, nearby friends and entertainment.
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