Monday, April 2, 2007

First Time Home Buyers: Single Women Outnumber Single Men


The American dream of owning a home isn't just for married couples anymore. New research from the National Association of Realtors shows 22% of home buyers are single women, while only 9% are single men, less than half. Although married couples still account for 61% of home buyers, it is obvious the trends are changing. Reasons for the new home buying trends have been linked to an increased financial independence of American women. Several decades ago, a home loan wasn't necessarily available to single women living without a spouse, and unfortunately, the independence was sometimes less than admired by lenders. Now, single women have become a large part of home ownership in the US, and have been equally viewed as an emerging and prosperous market.

No comments: