According to the NAR (National Association of Realtors) 2018 Profile of Home Buyers and Sellers, Single Female Buyers continue to be a strong force in the market.
They accounted for the 2nd largest single group of buyers (behind married couples) @18%, and were doubling the Single Male Buyers @9% and the fastest growing year over year for over a decade!
“We do know single females tend to really value homeownership, not just as a financial investment but also as a place where they can live,” says Jessica Lautz, director of demographics and behavioral insights at the National Association of Realtors. “They really desire a place they actually can own and call a place of their own.”
“Women are using savings, equity from their past homes and gifts and loans from relatives. The latter is more common for first-time buyers,” Lautz says. “Men rely more on their personal savings and on the sales of stocks and bonds.”
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