Single women surpass single men in home purchases
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Single women now purchase 22 percent of all homes. Single men accounted for only 9 percent of purchases.
Single females accounted for almost a quarter of all homes sold, more than double that of single males. I hadn’t really thought about it until now but my numbers do pretty much match the unmarried female-to-male ratio. Perhaps bachelors rent in anticipation of marriage (choosing a home together, etc.) and single women aren’t quite as optimistic as they used to be and have wisely learned how to cover home base?
According to Pat Vredevoogd Combs, the president of the National Association of Realtors, that shows real change. “Thirty-five years ago, when I started out as a realtor, a single woman couldn’t even get a mortgage,” she says.
Part of the reason why women have become so big a buying bloc is that more women are single than ever before.
CNN Money - Real Estate: Who’s Buying Now?
