Single Women Homeownership Has Increased!

The Profile of Home Buyers and Sellers survey from National Association of Realtors shows single-women composed 17% of the homebuyer market in 2016. This is the highest levels since 2011 which bodes well for the economy and consumer confidence.  “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%),” NAR Chief Economist Lawrence Yun said. According to Yun, combination of a robust job market and renters fatigue seems to be the catalyst for the increase. This increase is very encouraging and hopefully the housing inventory will continue to accommodate the new homebuyers and their dreams of homeownership.

By | 2018-04-23T10:08:05+00:00 October 31st, 2016|Home mortgage loans|Comments Off on Single Women Homeownership Has Increased!

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