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Single Women Outbuy Men in Homeownership

Source: Realtor Mag

WOMAN-MOVING-HOUSE-

Single women are purchasing homes and condos at more than double the rate of single males. The trend is expected to keep growing, too.

Last year, single women comprised 18 percent of all home purchases, while single men accounted for 7 percent, according to the National Association of REALTORS®. Single women are the second largest segment of home purchasers, behind married couples. Single women purchasers include never-married individuals, widows, and divorcees.

Homebuilders are taking notice and are increasingly designing homes and subdivisions to appeal to women’s preferences. For example, in a development in North Carolina with McKee Homes, up to 50 percent of the homes purchased are by single women in their 30s, 40s, or older.

Single women tend to view homeownership more as an investment, Jessica Lautz, NAR’s director of demographic and behavioral insights, told The Washington Post. Single women tend to pay more on their home purchase than single men—$185,000 compared to $175,000.

 

About Community Real Estate

Community Real Estate is a Real Estate Company committed to provide quality professional services. We are a full service company with in-house lending. We are Realtor®s and HUD approved selling agents. We are expert Short Sales, Listing Agents and Buyers’ Agents. We also specialize in First Time Buyers, Second Homes, Vacation Homes, Investment Homes, Leasing and Rentals, Relocations, Foreclosures, Distress Properties and REO listings and sales. We support our America’s Heroes. We look forward to meeting you and your needs!
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714-835-7126

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