From NAR
Single women have been a growing force in the housing market for decades, and today they make up about 20% of all home buyers—double the percentage of single men.
What You Should Know:
- They’re Experienced and Goal-Oriented – The median age of single women for first-time buyers is 40, and many are looking for long-term stability and financial security through homeownership.
- They Buy on a Budget – On average, they earn less than single men and tend to purchase homes at slightly lower price points. Affordability is a major factor in their decisions.
- They Face More Challenges – Higher mortgage rates and potential lending hurdles mean they may need extra guidance to navigate the process.
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