Single Life Rules in the Big Apple

Elliott Robinson — Thu, 05 Nov 2009 21:00:57 +0000

The majority of Manhattan residents—50.3 percent—live alone, according to the latest U.S. Census Bureau statistics. New York first passed the 50 percent mark in 2007.

High-paying jobs, the expense of raising a family, longer-lived widows and widowers, and an appreciation of the single lifestyle are the factors making Manhattan a singles community, says William Helmreich, deputy chairman of City College’s sociology department.

There were 376,916 single households in Manhattan in 2008, making studios and one-bedrooms the most popular rentals, says Stu Greenberg, owner of Fireside Realty in Manhattan.

But Manhattan is no singles paradise, particularly for women. There are 212,000 single female households compared with 165,000 single male households.

Source: New York Post, Chuck Bennett (10/30/2009)

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Elliott Robinson, JD – Associate Broker
Keller Williams Realty Metro Atlanta
315 West Ponce de Leon Ave., Ste. 100
Decatur, GA 30030
(404) 431-2117
Web: www.elliottyouragent.com
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Vacant Homes Up Slightly

Elliott Robinson — Mon, 02 Nov 2009 16:00:54 +0000

Vacant homes in the U.S.—including foreclosures, residences for sale, and vacation properties—rose to 18.8 million in the third quarter, according to the U.S. Census Bureau.

The record high for vacancies was 18.95 million in the first quarter of this year. There were 18.4 vacancies in the third quarter last year.

In total, there were 130.3 million homes in the U.S. in the third quarter, according to the census. About 2 million were for sale, 4.6 million for rent, and 4.6 million were vacation homes that are only used a portion of the year.

Source: Bloomberg, Kathleen M. Howley (10/29/2009)

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Single Life Rules in the Big Apple

Vacant Homes Up Slightly