April 3, 2024
Single Women Are Embracing Homeownership
Single women today make up 19% of all homebuyers compared to only 10% being single men, owning 2.71 million more homes across the US than single men (NAR). For single women striving to be a homeowner, this should serve as motivation, as this milestone in life might not be as far away as one might think and what a milestone it will be.
Why Homeownership Matters to So Many Women
Buying a home seems to be much more than just having a place to live. Women are open to the idea of homeownership for many reasons, but one being that it is a great long-term investment with the value of homes commonly appreciating in future markets. An investment like this can provide financial security and ultimately be life-changing for some.
Financial security is not the only benefit of owning a home for single women, but simply the independence and freedom it provides them. The ‘desire to own a home of your own’ is the top reason for single women wanting to purchase a home, passing other reasonings of ‘change in family situation’ or ‘to be closer to friends/family’. If you have the same burning desire, it may be the time for you to buy too.
Don’t Do it Alone, Work with Jim Slater!
There are great opportunities for single women to buy a home in today’s market, but we would never advise anyone to go through this process on their own. Jim is here to assist you from search to close and help scratch and claw for you to find the perfect home that fulfills all of your desires and goals for homeownership. Call Jim today at 612-590-1802 to set up a time to meet and begin your homeownership journey.
Bottom Line
Homeownership is life-changing no matter who you are. Connect with Jim today to talk about your goals in the housing market.
Source
Coldwell Banker Realty