As I was reading through my Illinois Association of REALTORS e-mail magazine I was interested in their latest statistics on home buyers in Illinois. The statistics are as follows:
8% = single males
26% = single females
44% = first time home buyers
57% = married couples
I sell a lot of homes to unmarried couples so I'm not sure how that is factored into the above figures. I was also surprised at the low figure for single men. I wouldn't have thought it was so low based on my own experience. Of course, this is taken for the entire state of Illinois and not just the Chicago and southwest suburban area so I'm sure those figures would be somewhat different. UPDATE: the survey link is no longer active and please refer to the original date of this blog post.
No matter what percentage you fall into, if you're thinking of buying a home soon why not see what's available by using the Southwest Chicago Suburbs home search? Search in the area you're interested in. Search in different price ranges. Check the mortgage calculator to see where you'd feel more comfortable. You can also create an automated search that will alert you to new listings as they hit the market - no constant searching needed and you won't miss what could be the perfect property.