What Single Ladies Want Is Homes

What Single Ladies Want Is Homes

   Nearly 32,000 single women Under 35 became homeowners in 2013 while homeownership among males dropped by more Than 3,000 young single ladies are on the hunt… for a house! According to fresh Census data, 31,540 more single women under the age of 35 became homeowners in 2013.Last summer, single women younger than 35 were the only age group to lag behind single males in homeownership. Well, watch out gentlemen, the ladies are catching up! While more single ladies became homeowners last year, the ownership rate among single men actually went down: 3,070 fewer single men under 35 owned a home in 2013 than in 2012. As of 2013, 23.1 percent of single women and 28.9 percent of single men under 35 owned a home.
   The increase in female homeowners could be due in part to ladies’ stronger sense of urgency in response to rising prices and mortgage rates. Redfin’s Buyer Survey in February found that 59 percent of single women said rising prices and mortgage rates last year made them feel an “increased urgency” to buy a home, while only 53 percent of single men felt that way.Nevertheless, these ladies aren’t making snap decisions, Venti said. “My young single female clients tend to evaluate their decision very closely and negotiate aggressively. They are more thorough and cautious than any other group I serve.”

   Congrats on your new homes, ladies!


Leah Ecob Headshot
Author:
Phone: 956-206-5577
Dated: March 4th 2014
Views: 1,287
About Leah: Originally from Laredo, TX Leah graduated from The Cox School of Business at Southern Methodist Univ...

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