Friday, April 24, 2009

More Single Women Buying Homes


Record numbers of single women are buying homes. If you're a single woman who wants to buy a house, the good news is the market is wide open for you.

The stats from the Joint Center for Housing Studies say:

• More than one in five home buyers is a single woman.
• Twice as many unmarried women are buying homes than single men.
• Single women make up more than one-third of the growth in real estate ownership since 1994.

Women home buyers come in all sizes, shapes and ages. They are divorced, never married, separated, widowed; some have children, others live with friends or partners and many live alone.

Trends for Single Women Home Buyers:

• 3 out of 4 women spend less than $200,000.
• Prefer 2 bedrooms or more.
• Less likely to choose new construction.
• Buy in city over suburban areas.
• Will compromise size & cost to get other amenities.
• Will not compromise on location or quality of neighborhood.
• Prefer condominiums and garden homes over single family homes.
• Smaller spaces are acceptable.
• Desire security and / or gated access.
• Like to engage in social interaction with neighbors.
• Want close proximity to stores, shopping and fitness centers.


So what are you waiting for? Get out there and find a place that you can call home that is all yours!


For information about finding your perfect home and financing programs feel free to contact joan@roglianorealestategroup.com.

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