It's not all doom and gloom in the gender gap wars.
Single women are buying homes at twice the pace of single men.
This according to the Washington Post
Why is that? It's not just one thing. Among the reasons given:
- They see the purchase as an investment.
- They're concerned with rising rents.
- For those in their 40's and up- they're tired of apartment living.
Let's talk about the pay gap. Any of us could find all sorts of statistics that show women are still making less than men, even in cases where the job is very similar. Owning a home (versus renting) can be a way to help stretch the dollars by putting money into one's mortgage, rather than paying for someone else's. Also, tax deductions are harder to come by these days.
For those who wish to switch from being a home renter to becoming a home buyer, I have ways to help you. There are first-time homebuyer programs available that require no money down. (Not a misprint).
OK, Utah... Single ladies? Single Men? First-time homebuyers? Let's talk. It's a great time to buy.