Recent findings from the Pew Research Center show how demographic forces are driving population changes and reshaping how we live:
~ Fewer Americans are married. Only half of U.S. adults today are married, down from 70% in 1950. The increase in unmarried adults was greatest in those ages 50 and older—75% in the same time span—reflecting the rising divorce rate for the age cohort.
~ More generations are living together. There are nearly 61 million multi-generational households in the U.S. as of 2014, which includes two or more adult generations or grandparents and grandchildren. Growing Asian and Hispanic populations, which are more likely to live in multi-generational households than whites, explain some of the rise.
~ Women might never make up half the workforce. Women represented 46.8% of the U.S. labor force in 2015, but the Bureau of Labor Statistics projects the share of women in the workforce will peak at 47.1% in 2025 before tapering off. The gender pay gap is closing, however, and is even narrower for young adults, with working women ages 25 to 34 making 90% of what their male counterparts made.
~ Immigrants are driving workforce growth. Growth in the U.S. working-age population (ages 25 to 64) will be driven by immigrants and their U.S.-born children through 2035 because of a lack of U.S. born children with U.S. born parents. There would be 18 million fewer working-age adults in 2035 without immigrants.
~ The share of middle-income households is falling. In 2010, 59% of American adults lived in middle-income households—those with disposable incomes that are two-thirds to double the national median disposable income—down from 62% in 1991. The decline of middle-income households in the U.S. was mirrored across Western Europe, but most Western European countries had a larger share of adults in middle-income households that the U.S.
Tom Hicks' home (largest estate in Dallas) has hit the market at $100 million! Do I have a buyer? :) The main house alone is 50,000+ square feet, and that doesn't include the fabulous guest house. There is also a huge recreation building with a full-size movie theater in the basement, perfect for entertaining throngs of friends or even strangers!The stove (from France) in the kitchen is worth $65K! No expense has been spared in the design and renovation of this gorgeous mansion.
What is your favorite feature about this home?
Under Contract in Dallas! Only two weeks on the market... are YOU ready to sell? Call me at 214.909.8008!
Do you prefer more contemporary, modern home designs but would still like to live in Frisco? You're in luck! Check out the model homes in Phillips Creek Ranch here in Frisco... these stunning homes by an Australian company are sure to delight!
If you would like to take a look at these in person, please call me at (214) 909-8008 for a showing or for more details!
Frisco, Texas makes the "nice" list! Another great reason to buy a home in the Frisco area... if you would like to find your dream home, call me today at (214) 909-8008. Read on to find out more about Frisco making the "nice" list:
FIVE TIPS FOR HOUSE HUNTERS
The following tips can help homebuyers define their priorities and streamline the process of shopping for a home.
1 - Location matters. Location is a key consideration when choosing a home. Many factors can affect the desirability of a location including commute times to work, proximity to schools, and access to shopping, restaurants and other neighborhood attractions.
2 - List what you want in a home. You'll save hours of time if you decide early what features are most important. Your goal should be to find the right home without falling in love with one that may not suit your needs.
3 - Obtain a pre-qualification letter from a mortgage lender rather than guessing how much you are qualified to borrow. A buyer pre-qualified for a loan is often in a stronger negotiating position.
4 - Take good notes about the homes you visit. Turn your priorities into a personal checklist and use it to track the features of each property.
5 - A real estate professional can save a great deal of time and effort. Today's homebuyers have access to a wealth of information, but may not have a way to tailor it to their needs. That's where a real estate professional can be of great assistance.
If you need a Realtor to assist you, don't hesitate to contact me today! I will help you find your dream home, and have your best interests at heart.
The Top 10 Neighborhoods - The Best of the Best
It is wonderful to see the Frisco neighborhoods included in this list, and I have to agree with the writer, as I live in one of these neighborhoods myself and absolutely love it!
Take a look and let me know if you agree:
When you buy a North Texas home, you need to know exactly what you’re buying. Imagine how frustrated you’d be to find out that the hot water heater wasn’t working—in the middle of a shower! This is why you should have a home inspection before you buy your home. A home inspection is an important part of buying your home. Before you hire a home inspector, ask candidates a few questions to make sure you hire a trustworthy inspector.
- 1. What does your inspection cover? Not all inspections are the same. Ask for copies of previous home inspections so you can see exactly what they will check inside the home. If you are concerned about something specific, like a leaky faucet in the bathroom, mention that to the inspector so they can check it out.
- 2. Are you licensed or certified? If you live in a state that licenses home inspectors, ask to see their license. At the very least, choose a home inspector who belongs to American Society of Home Inspectors. This shows a level of professionalism and education that you can trust.
- 3. What kind of report will you give me? You should expect a written report detailing what the inspector found. Most inspectors will give you a typed report within a week of the inspection. Make sure the inspector will be available to explain anything on the report that doesn’t make sense to you.
- 4. Will I be able to attend the inspection? If the inspector refuses to let you be present during the home inspection, find someone else. This is your chance to know exactly what you are buying and what potential repairs you or the seller will have to make.
As your real estate agent, I will guide you through the home buying process. Let me help you find your new North Texas home. Call me today at 214-909-8008 or email me at firstname.lastname@example.org .
North Texas home LINKS:
1. Home inspection - http://en.wikipedia.org/wiki/Home_inspection
2. American Society of Home Inspectors. - http://www.ashi.org/
3. Easy household repairs. - http://home.howstuffworks.com/home-improvement/repair/5-home-repairs-you-should-do-yourself.htm
I am a charter member of REBSEA (Real Estate and Business Social Enterprises Association) and will donate 10% of my real estate profit to one of the charities listed on my REBSEA profile. You can make a difference in your community and do something good for others just by hiring me to be your Realtor when buying or selling your next home! To learn more, visit:
#charity #donate #REBSEA #community
No slowdown of new home sales - great news for Frisco, as there is lots of new construction in the process.
Read more about the high level of new home sales here:
Are you ready to buy a new home? There are so many options available right now in Frisco for a brand new dream home; let me help you find the perfect one before the interest rates go up and the home lots are sold - contact me ASAP at 214-909-8008 to get started!