Single Women Homebuyers Dominate Market

Who run the world? Girls. According to the National Association of REALTORS®, single females contributed to a significant amount of home sales in the last year.

“Despite having a much lower income ($55,300) than single male buyers ($69,600), female buyers made up over double the amount of men (7 percent),” says Lawrence Yun, NAR chief economist. “Single women for years have indicated a strong desire to own a home of their own, as well as an inclination to live closer to friends and family. With job growth holding steady and credit conditions becoming somewhat less stringent than in past years, the willingness and opportunity to buy is becoming more feasible for many single women.”

Thirty-six percent were first-time homebuyers, and the typical home had three bedrooms and two bathrooms.

Bravo single ladies!

 

 

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