When it comes to home buying, people aren’t waiting for traditional life tentpole moments like marriage and parenthood to buy their first homes - and single women are leading the way. In fact, according to the National Association of Realtors: 🧒 70% of recent buyers did not have a child under 18 in their home. This is the highest share recorded 🎂 36 is the average age of the first time home buyer, which is the highest ever 💍 59% of recent buyers were married couples, this is the lowest share of married couples since 2010 👩🏾 19% of recent buyers were single women So how can mortgage lenders, insurers and other financial services connect with this growing audience? Director of Media Planning Lesley Landry dives in ⤵
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Single women do it again! According to the National Assoc of Realtors, women have been 2nd only to married couples in the home buying market since they began following this interesting topic in 1974. Folks, that is 50 years. In 1981, the margin was narrow with 11% single women homebuyers and 10% single men. Today, 19% are single women homebuyers. PEW Research Center (June 2023) study reports that of the 35.2 million homes owned by unmarried Americans - 58% are owned by women (that's 20M), and 42% owned by men. Those numbers are echoed by the US Census data. Nonetheless... women are an important segment of the market and I think this is a stat to celebrate. If you're a single woman ready to take the next step towards owning your own home, shoot me a message, I'd love to be part of your home purchase journey. #realestate #womenbuyhomes #womenandmoney #personalfinance #homebuyers
The Number of Single Women Homeowners Continues to Rise | Bankrate
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Monday Mortgage Fact 🤓 When it comes to homeownership, single men are striking out. Single women, however, made up 17% of buyers in 2022 (compared to only 9% of single men), and own about 12.9% of owner-occupied homes in the U.S. (that's about 2.64 million more homes than single men). Despite financial obstacles like the gender pay gap, women continue to out-pace men when it comes to home-buying. Food for thought: Did you know that before 1974, it was not legal for a woman to secure a mortgage without a male co-signer? The Equal Credit Opportunity Act (ECOA) opened the door to financial freedom for women across the nation. Single women have outpaced single men in homeownership every year since 1981. In 1981, 11% of home purchases were made by single women, compared to 10% by single men. While women are less likely to default on their mortgages compared to men, single women borrowers often receive higher mortgage rates than single men.
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Single women are charting their own course, prioritizing homeownership as a symbol of stability, security, and a testament to their hard-earned success. 🏡 💕 The focus isn’t merely on property ownership; it’s about creating their own space, a sanctuary that reflects their identity and aspirations. 😍 Visit the #MutualMortgage blog to read more about how single women have become the fastest-growing segment of homebuyers! 🙌 https://bit.ly/3SInjP7 +1 630-430-8179 onuesslein@mutualmortgage.com #SinglesAwarenessDay #SinglesAwareness #Homeownership #Mortgage #RealEstate #Finance
Happy Singles Awareness Day: How Single Women Became the Fastest Growing Segment of Homebuyers
mutualmortgage.com
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Single women are charting their own course, prioritizing homeownership as a symbol of stability, security, and a testament to their hard-earned success. 🏡 💕 The focus isn’t merely on property ownership; it’s about creating their own space, a sanctuary that reflects their identity and aspirations. 😍 Visit the #MutualMortgage blog to read more about how single women have become the fastest-growing segment of homebuyers! 🙌 https://bit.ly/3SInjP7 +1 616-298-2743 atavolacci@mutualmortgage.com #SinglesAwarenessDay #SinglesAwareness #Homeownership #Mortgage #RealEstate #Finance
Happy Singles Awareness Day: How Single Women Became the Fastest Growing Segment of Homebuyers
mutualmortgage.com
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Single women are charting their own course, prioritizing homeownership as a symbol of stability, security, and a testament to their hard-earned success. 🏡 💕 The focus isn’t merely on property ownership; it’s about creating their own space, a sanctuary that reflects their identity and aspirations. 😍 Visit the #MutualMortgage blog to read more about how single women have become the fastest-growing segment of homebuyers! 🙌 https://bit.ly/3SInjP7 +1 847-778-9511 khensley@mutualmortgage.com #SinglesAwarenessDay #SinglesAwareness #Homeownership #Mortgage #RealEstate #Finance
Happy Singles Awareness Day: How Single Women Became the Fastest Growing Segment of Homebuyers
mutualmortgage.com
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Single women are charting their own course, prioritizing homeownership as a symbol of stability, security, and a testament to their hard-earned success. 🏡 💕 The focus isn’t merely on property ownership; it’s about creating their own space, a sanctuary that reflects their identity and aspirations. 😍 Visit the #MutualMortgage blog to read more about how single women have become the fastest-growing segment of homebuyers! 🙌 https://bit.ly/3SInjP7 +1 714-612-2841 dbouronich@mutualmortgage.com #SinglesAwarenessDay #SinglesAwareness #Homeownership #Mortgage #RealEstate #Finance
Happy Singles Awareness Day: How Single Women Became the Fastest Growing Segment of Homebuyers
mutualmortgage.com
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Single women are charting their own course, prioritizing homeownership as a symbol of stability, security, and a testament to their hard-earned success. 🏡 💕 The focus isn’t merely on property ownership; it’s about creating their own space, a sanctuary that reflects their identity and aspirations. 😍 Visit the #MutualMortgage blog to read more about how single women have become the fastest-growing segment of homebuyers! 🙌 https://bit.ly/3SInjP7 +1 816-935-6869 mgennusa@mutualmortgage.com #SinglesAwarenessDay #SinglesAwareness #Homeownership #Mortgage #RealEstate #Finance
Happy Singles Awareness Day: How Single Women Became the Fastest Growing Segment of Homebuyers
mutualmortgage.com
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Single women are charting their own course, prioritizing homeownership as a symbol of stability, security, and a testament to their hard-earned success. 🏡 💕 The focus isn’t merely on property ownership; it’s about creating their own space, a sanctuary that reflects their identity and aspirations. 😍 Visit the #MutualMortgage blog to read more about how single women have become the fastest-growing segment of homebuyers! 🙌 https://bit.ly/3SInjP7 +1 816-288-0133 rick.munizza@mutualmortgage.com #SinglesAwarenessDay #SinglesAwareness #Homeownership #Mortgage #RealEstate #Finance
Happy Singles Awareness Day: How Single Women Became the Fastest Growing Segment of Homebuyers
mutualmortgage.com
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Single women are charting their own course, prioritizing homeownership as a symbol of stability, security, and a testament to their hard-earned success. 🏡 💕 The focus isn’t merely on property ownership; it’s about creating their own space, a sanctuary that reflects their identity and aspirations. 😍 Visit the #MutualMortgage blog to read more about how single women have become the fastest-growing segment of homebuyers! 🙌 https://bit.ly/3SInjP7 +1 443-690-9504 bschiaffino@mutualmortgage.com #SinglesAwarenessDay #SinglesAwareness #Homeownership #Mortgage #RealEstate #Finance
Happy Singles Awareness Day: How Single Women Became the Fastest Growing Segment of Homebuyers
mutualmortgage.com
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Single women are charting their own course, prioritizing homeownership as a symbol of stability, security, and a testament to their hard-earned success. 🏡 💕 The focus isn’t merely on property ownership; it’s about creating their own space, a sanctuary that reflects their identity and aspirations. 😍 Visit the #MutualMortgage blog to read more about how single women have become the fastest-growing segment of homebuyers! 🙌 https://bit.ly/3SInjP7 +1 813-219-8240 mike.watson@mutualmortgage.com #SinglesAwarenessDay #SinglesAwareness #Homeownership #Mortgage #RealEstate #Finance
Happy Singles Awareness Day: How Single Women Became the Fastest Growing Segment of Homebuyers
mutualmortgage.com
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