Article
More Single Women Investing in Seattle Condos
One of the fastest growing demographics for Seattle condominiums are young-to-middle aged women, many of them single. While many little girls envision themselves getting married and moving into a perfect house with a white-picket fence, this doesn't happen so often any more. Many women prefer to be single and live in a condo, or have chosen to concentrate on their careers rather than marriage. Seattle condos offer home ownership without the inconvenience of home maintenance.
Single women are stepping up to make their own down payments and secure their own Seattle condominiums. Even as the national economy slows, the American housing market is showing surprisingly good health, experts say, with housing starts and home prices remaining strong. This makes it a perfect time for a single, professional woman to find a condo of her own and start seeing the financial benefits of home ownership. Downtown Seattle condos also allow young singles to remain near their jobs and all the dining and nightlife of the city.
Owning Seattle condominiums rather than continuing to rent offers many financial advantages. Interest paid on the mortgage loan for the condo is tax-deductible, which is especially good in the early years when interest payments are highest. That could mean huge savings for female condo owners come tax time. Purchasing Seattle condominiums also allows ladies to save money on rent in the long run, as well as to build equity and a good credit history.
While at one time it was considered unusual for single women to buy their own condo, the reality is that it's becoming more and more common for women to buy without having a man around. The obstacles that women have faced when buying Seattle condos in the past are quickly fading away.
