Single Women Buying Homes More Than Single Men, Report Says

Submitted by Mastodon on Fri, 2013-07-12 01:26

Article here. Excerpt:

'According to the National Association of Realtors' 2012 Profile of Home Buyers and Sellers, single women make up 18 percent of homeowners -- compared to 10 percent of single men. The report notes that single women have been buying homes at almost twice the rate of single men since the mid-1990s.

Despite the challenges that single lady potential homeowners face -- backlash from family and friends, for example -- women are increasingly making it work. It's also important to note that childless, single women are actually on track to outearn their male counterparts in many metro areas. This could allow greater numbers of women in this demographic to make major purchases, such as new property.'

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Comments

Umm,really? Her folks are going to get on her case for buying a home and getting the huge mortgage interest deduction and in most cases pay *less* per month for living in larger quarters than she would if she rented an apt., while building equity and possessing a usually-appreciating piece of property?

Backlash?

Just WTF is the author talking about?

I have *never* heard of or seen a single instance where anyone took grief for deciding to buy a home rather than rent an apt., unless it was for some really particular reason. And being a single female has never been one of them.

I once saw an article in The Onion that had a headline: "Women Now Empowered By Everything A Woman Does". The Onion, as usual, hit the nail on the head.

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Submitted by Matt on Fri, 2013-07-12 01:44

And, how many of those single men are actually buying the house in behalf of their girlfriend, you know, to "prove" his worth?

MAJ

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Submitted by digital_dreamer on Fri, 2013-07-12 13:24