In New York and across the country, the number of single women buying houses and condominiums is on the rise.
"Across the nation, female buyers have been major contributors to the home-buying boom. Single women made up 22 percent of the nation's home buyers in the last year compared with 14 percent in 1995, according to the National Association of Realtors."
Although the New York City housing market has slowed and buyers are more cautious about making deals, women are still buying feverishly. While Manhattan developers say they are seeing more female buyers, the highest concentration seems to be in Brooklyn, where condominiums are less expensive. Brokers say that women are betting that even if they buy in a declining market, the values won't drop as much as they would have spent on rent. According to real estate broker JoAnn Schwimmer, "A woman will say, 'I'm still saving money in the long term.' They're able to see the bigger picture, while a guy says, 'I have to get the best deal.'"
Read the full story: Women Unafraid of Condo Commitment
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Chicago breaks ground on $3 billion megadevelopment
The new neighborhood, titled Foundry Park, will one day host 3,700 residences.
This MA town is drowning in its own sewage — and residents like it that way
Susan Murcott, a waste water expert, said if Carlisle didn't address their leaking sewage, the problem could turn “deadly.”
Feds to more closely scrutinize proposed Amtrak facility’s environmental impact
The Federal Railroad Administration had initially said the facility qualified for a less extensive environmental review.
Boston is hard to build housing in: its chief of planning wants to keep it that way
Chief of Planning Kairos Shen said she would not make changes to Boston’s affordability requirements for new housing, which critics say have slowed down development.
California plans to bury El Niño’s downpour
If the state plays its cards right, it may be able to store a billion acre-feet of El Niño’s water in aquifers.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
Montrose County
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello