- Are there more female than males? (females tend to nest)
- Are there more singles or married people? It there are more single it would be better to buy an apartment.
- Are there more middle age or youngsters or older people? This can affect how many people can afford to buy a place.
- Stability and profitability of major companies in the area
- Are there more professionals in the area?
Other factors to consider::
- There are approx 75 million in the baby boomer population.
- Last year there was a 13 percent of the USA population over 65 years of age
-The current average life expectancy in America is approx 78 years.
So Americans are not only getting older but they living longer, important factor to consider when buying real estate as you be looking in the long term.
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