Today's Buyers = Single Women

By
Real Estate Agent with Keller Williams Realty

Single women all over are flexing their muscles by purchasing homes.  Is the purchase of a home the equivalent of right hand rings or are ladies getting tired of waiting for Mr. Right?

Over the past eight years, the percentage of single female buyers has increased by 50%.  In fact, one in every five homes is sold to a single woman - this is more than twice the number purchased by single men.  Eighty-three percent of the single women buyers are choosing single-family homes.

Why have more women begun to purchase homes?  Here are just a few reasons, if you have more, feel free to share:

-Divorce

-Average age of marriage has increased

-Women live longer than men

-Women are making more money than in the past

 For all those independent women out there, I say...You Go Girl!

Comments (6)

Jason Romrell
Business Attorney and Success Advisor - Los Angeles, CA
That's a great market to target.  I'd love to see the details behind those stats...is it from a local or national source? 
Jan 03, 2008 02:38 AM
Heather Fitzgerald
REALTY WORLD-Harbert Company, Inc. - Greenwood, IN
REALTOR Greenwood Indiana Real Estate
I agree with what Jason said, and having been a single person thru divorce, until recently, this would be a great niche market for me.  Do you have the details for the stats?
Jan 03, 2008 02:39 AM
LaNita Cates
REMAX of Joliet - Joliet, IL
I work with quite a few single women, mostly divorced with children. And what's nice is those satisfied customers refer me to their single friends to purchase a home.
Jan 03, 2008 02:39 AM
Afton Mormann
Keller Williams Realty - Arlington, VA
I actually got the stats from the Jan 2008 edition of Realtor Magazine (realtor.org/realtormag) and USAToday.com
Jan 03, 2008 02:43 AM
Anonymous
Lisa Ostrander
I have recently heard about this new trend in my area also. Maybe we should all consider doing a "single woman's night" and do a how to buy a home seminar for single woman. I agree with Afton...Go girls, buy yourself a house!!!!
Jan 03, 2008 02:52 AM
#5
Anonymous
Ginny Mees

I read your blog (love it!)...and noticed that you are active in marketing to females, and you are with KW...this is right up your alley! Check it out:

www.SingleWomanHomeowner.com

We are looking for the right professionals in your area, I think you would be great, and it would help you differentiate yourself in your community as the expert for single women.

Mar 12, 2009 10:17 AM
#6