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Buffalo, NY is the Best Place for Working Mothers!

businesswoman with childForbesWoman ranks Buffalo, NY as No. 1 in their 2011 report “Best Cities for Working Mothers” (up from 10th position last year).  Buffalo gained the top place through a combination of:

- Being home to the State University of New York at Buffalo, one of Working Mother’s best companies giving employees 28 weeks of time-off when they give birth, father or adopt a child.

- Jobless levels in the upstate region are lower than they are in 70% of the nation’s biggest metro areas, and wages, which had been stagnant in 2008 and 2009 saw new momentum last year.

- Lower than average crime rates, a low cost of living and the highest per-pupil expenditure of any city.

- Increasing number of female entrepreneurs in the area.

The full ranking of the 50 Best Cities For Working Mothers can be found at the Forbes website.

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Home Ownership Tops Ranking of Favored Long Term Investments

American Dream Infographic Sept 2011

The results of the latest American Dream Survey by Trulia finds that 80 percent of homeowners plan to buy another home and that most survey participants view home ownership as the best long-term investment, closely followed by putting money into a 401(k) or retirement account.  Investing in gold, often popular during an economic downturn, was a surprising fourth choice at only 26 percent.

Details of the full survey can be found at http://insights.truliablog.com/2011/09/trulia-american-dream-survey-fall2011/

 

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Doubled-up Households Increasing

The US Census Bureau defines doubled-up households as households that include at least one “additional” adult: a person 18 or older who is not enrolled in school and is not the householder, spouse or cohabiting partner of the householder.

The Bureau’s recently released survey, “Income, Poverty and Health Insurance Coverage in the United States: 2010“, found that the number of doubled-up adults increased by 12.2 percent from 2007 to 2011.  This compares to a growth in the adult population of 3.8 percent.

In spring 2007, prior to the recession, doubled-up households totaled 19.7 million. By spring 2011, the number of doubled-up households had increased by 2.0 million to 21.8 million and the percent rose by 1.3 percentage points from 17.0 percent to 18.3 percent.

In spring 2011, 5.9 million young adults age 25-34 (14.2 percent) resided in their parents’ household, compared with 4.7 million (11.8 percent) before the recession, an increase of 2.4 percentage points.  While the report doesn’t identify why doubled-up households are increasing it seems reasonable to assume that economic conditions and care-giving, in the case of the sick or elderly, are partly responsible.

The full report can be found at http://www.census.gov/newsroom/releases/archives/income_wealth/cb11-157.html

Forbes Capretto offers solutions for such households and our New Home Consultants would be pleased to discuss your specific situation and needs.  Give us a call at 716.651.HOME or contact us online for more information.

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Join us for the Parade of Homes – September 24/25, October 1/2

131 Hazelwood Lane, Grand IslandWe are pleased to announce that three Forbes Capretto homes will be featured in the BNBA’s 2011 Parade of Homes.

 

 

The following will be open for extended hours (Saturday/Sunday 1:00 – 5:00pm) both weekends:-

As well as being able to tour each of the homes (which are furnished), you can “Enter to Win” prizes.  You may get one entry per home visited plus an you get an extra chance to win when you register online at the BNBA website.

55 Birdsong Parkway

Additionally, First Niagara Bank is providing a special mortgage incentive if you purchase one of the homes from the Parade of Homes.  Greeters at the homes will be able to provide you with the details.  If you have been thinking about buying a home, this is the time to do it!

For more information about the Parade of Homes, please visit the BNBA website.  For information about purchasing one of our move-in ready homes or building your new home, please call one of our New Home Consultants at 716.651.HOME or contact us online.

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Join us at Eastern Hills Mall on September 17

Parade of Playhouses 2011Come along and see our custom-built Castle Playhouse, on show as part of the Buffalo Niagara Builders’ Association Parade of Playhouses (Sept 17, 11am – 4pm).

Interested in buying the Castle?  Place a bid at eBay or call the BNBA at 716.636.9655

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