WHO are today’s As the result of high

tying cach other and combin

Friday, February 18, 2000 - North Shore News —- NV-9

| Homebuyers more than a nuclear family

For information on urw Greater

homies or renovaiions CONTACT the

Builders’ Assuctation az (ot)

Hui

590 reir cweruran-

Vader :
couverhomebuildersorge.

homebuyers? divorce rates, more and more
. single | parents are buving
homes.

Those people are consid-
cred “single” homebuyers

Others who fli inte that
sategory are singles who buy
homes together, each footing
half the bill.

Senior citizens comprise
another demographic zroup of
homebuvers.

They are moving out of
their “empty nest™ homes into
smaller, more practical hows:
ing.

Some retirees are buyi
homes in’ seniors’ heusi
communities.

Others prefer moving ints
smaller houses located
traditional-stvle ne
heads with fantilies of AHL ages.

Rut ail) senior-citizen
homebuvers agree on what's
Most Important ina home —
lots of amenities and come
nience!

The senior-citizen home:
buver cohort will continue to

Was people continue to
live longer and healthier live.
and the Baby Boom genera
tion moves pase middle ag

Unlike their parents,
Boomers are not usually
attached to a neighbourhood
because they've lived in more
spread-out, transient commu-
nities.

So they are more likely to
make a move after they retire.

Finally, extended families
make up another new group of
homebuyers.

Senior citizens are living
with their children; young
adults are moving back in with
their parents: and divorced
singles with children are mar-

According to the Greater
Vancouver Home Builders’
Association, betore home
budders can truly please their
customers, thev have to know
what types of people are buy
ing new homes,

At one ume, most hom:
buyers were middle-class cou
ples with one income and clit
dren.

hese couples might buy a
bigger or better home once
Dad grasped a higher rung on
the corporate ladder.

Rut otherwise they staved
pul, even after retirement.

Times have changed.

Modern-day homebuyers
don’t necessarily resemble the
all-Canadian family of vester-
year.

In fact, a recent: report
compiled by the Dragonette
Co. of Chicago for the
National Association of Real
Estate Editors stated that the
traditional homebuyer will
account for less than 25% of all
homebuyers this

And many homebuyers will
fll into more than one demo-
graphic category.

So who are today’s hotne-
buyers?

A number of recent home-
buyers are single.

After all, you don’t need a
Spouse, 2 dog and nwo kids to
qualify for a mortgage.

Many new home-financing
options have made homeown-
ership affordable to more indi-
viduals.

According to the
Dragonette report, singles
now account for 36% of all
first-time buyers.

, Selling homes
“on: the. North:

ing their families,

New digs at Dakota

JENNY Roberts and Norm Couttle, both employces of The Adera Group, last weekend celebrated the
opening of the company's newest deveiopment: the Dakota, on Lynn Valley Road.

NEWS photo Paul McGrath

for: over.1
SPACIOUS 3 LEVEL HOME

Ideal for the growing family, this roomy 3 level home otters aimout 2700 sq it.
of living area. The main floor tnatures an entertainment sized oak lichen,
BBE opening onto 400 547 of south facing deck. perfect for outdoor entertauning
AG 4 vdmms up yth an impressive master bedroom leatuting a cozy wood
buming fireplace and a deck to enjoy the city ana harbor wews. The walkout
Bm basement has potenta! for the extended tamuly with 2 ‘arge tamily room, bath-
me rcom 3 laundry. The fly landscaped rear yard has lots (” parking and a over.

f sizes garage Waal orth car entuaast 447 MOODY

SOLID INVESTMENT

< ES iNet:

DELUXE MORTGAGE NELPE
Located on & quet stipe! this two level home offers 5 bedrooms and 3 ful batt.
sooms, “Vell kd ou for the extenued tarnty the spaaces floor plan offers large:
cuore and baght walkout basement Spacal tenures induda, vatfad onangs.
Bedect home office, onzy family room off the latchen and a new rear deck pertect
for ecfertaaneg Move in condknon with updates arching recent rool, naw appl:
ances and attactvely painted in and ont. Thes property 1s ideal for the actve fam-
dy wth a large ar yard ated is wabung distance 10 wave pool. ce nnk, socvEr
felis, tornis Courts, baseball heids Soe yo. at the open! 2968 RUFUS

4MMACULATE VIEW HOME’
Crzy view offenng lovely soutt facing flal rear yard with lane access. The main
foot is iminaculate featunng 2 bam up, coved cedings. hardwood loors, gas
fireplace, new cameting The batwoorm and jichen have been renovated with
an addmhon off the lutchen t luke advantage of the ety views. The walkout
basement is mostly finished and has ali the Dasics to De @ mcg Wile Morigage
helper. A lovely home in a desirable locaton. 745 E 7TH ST.

COMMERCIAL SPACE

777 sq. ft. of office or retail space next to
busy Central
Lonsdale. Call for detail on this .wise

Jack Lonsdale in

investment.

BUY!

3 bed, 2 full baths, fully
updated, central, close to
school & transportation. It is

better than a new town

Spacious 1100 sq. ft., 2 bed, 2
full bath with total privacy, 2
secure U/G parking, 2 stor-
ages, insuite laundry, exer-
cise room and a balcony.

328 EAST Sth St.
NORTH VAN

Side by side, new duplex, each
has 2 gas fireplace, double
garage, family room off
kitchen, 3 bedrms, 3 bath and

INVESTOR & OCCUPIER

7 Years Young, 3 bed, 2 full
bath with a 3 bed 2 full bath @
suite. Totally independent 2}
gas fireplace, 2 ‘Saundries
and 2 entrance doors. Cul-

home. Cail for private view-

SOHEIL ROOHANI ng

551-5141 4736 HOPE ROAD N.V.

Owner
anytime any day. Just call.

wants it sold. View

#902-130 E 2ND N.V.

city & water views. Time to
choose the carpet & paint. Call
Soheil to view. 551-5141

View all #
Sohell atf

de-sac location.
weekend. Call
551-5141