Good news for the already positive housing market! New home sales rose more than expected in April, reaching a seasonally adjusted annual rate of 517,000 units (up 6.8%). Sales in March were also adjusted up, from 481,000 to 484,000 units. This increase was driven by the Midwest, where sales reached a seven-year high after rising 36.8%.
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According to a new article from The Harvard Joint Center for Housing Studies, households consisting of a single person make up 28% of all households in the United States as of 2013, trailing only married couples without minor children (29 percent). Compare this figure to 1940, when single-person households only accounted for 7.8% of households in this country, and the startling shift in living arrangment becomes clear. Furthermore, the majority of these households now consist of women, whereas they traditionally consisted mostly of men. A number of factors are likely contributing to this change, including higher divorce rates, greater financial independence for women, and later age of marriage. Continue reading to learn more!
Gen Y, otherwise known as the Millennials (Hot Springs Village Resort
Hot Springs Village, a recreational resort community in Arkansas' Ouachita Mountains, near Lake Ouachita National Park, is the largest gated community in the U.S. encompassing 40.7 square miles.
Hot Springs Village offers year-around golfing at 9 professionally designed golf courses, 15 professionally surfaced tennis courts, fishing, boating, water-skiing, and swimming in 11 pristine recreational lakes, over 20 miles of walking trails, 200+ clubs and fraternal organizations, and many more activities for all ages.
The Hot Springs Village lifestyle has attracted people from all 50 states and numerous countries around the world. Homes in Hot Springs Village vary from very affordable townhomes to affluent waterfront retreats, with an average sale price of approximately $180,000.
When compared to other full-service resort communities, Hot Springs Village fares as one of the most affordable places to live in the country! Come vacation in Hot Springs Village . . . you just may decide to stay for a lifetime!
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