Single Women Are Determined Home Buyers

July 31, 2008

Single women are becoming a more important segment of the home buying market, according to a report from Harvard University’s Joint Center for Housing Studies. It revealed some particularly interesting statistics.

More than one in every five home buyers is a single woman, and twice as many unmarried women are buying homes than single men. Single women comprise more than a third of the growth in real estate ownership since 1994. Key factors motivating single women to buy homes include their strong desire to become a homeowner, their need for more or less space in their residence, and their desire to live closer to their job, school or family.

Some of today’s home buying women are divorced, never married, separated or widowed. Some have children, while others live with friends or partners. Many live alone. Women are making a determined effort to achieve their goal of owning a home.

Posted in Real Estate, Things of Interest