Single Women Are Embracing Homeownership

In today’s housing market, more and more single ladies are becoming homeowners. According to information from the National Association of Realtors (NAR), 19% of all homebuyers are single ladies, while only 10% are single males.

If you’re a single female trying to buy your first home, this must be encouraging. It implies other individuals are making their dreams a reality– so you can too.

Why Homeownership Matters to So Many Women

For numerous single females, buying a home isn’t practically having a place to live– it’s also a wise way to invest for the future. Homes usually increase in value in time, so they’re a fantastic way to develop equity and general net worth. Ksenia Potapov, Economist at First American, states:

“… single women are increasingly pursuing homeownership and gaining its wealth creation benefits.”

The financial security and self-reliance homeownership offers can be life-altering. And when you consider the personal inspirations behind purchasing a home, that affect becomes even clearer.

The very same report from NAR shares the top reasons single females are buying a home today, and the reality is, they’re not all financial (see chart below):

If any of these reasons resonate with you, possibly it’s time for you to buy too.

Work with a Trusted Real Estate Agent

If you’re a single woman wanting to purchase a home, it is possible, even in today’s real estate market. You’ll simply want to make certain you have an excellent realty representative by your side.

Discuss what your objectives are and why homeownership is so crucial to you. That way your representative can keep what’s crucial for you in advance as they direct you through the buying process. They’ll assist you find the ideal home for your needs and supporter for you during settlements. Together, you can make your imagine homeownership a truth.

Bottom Line

Homeownership is life-changing no matter who you are. Let’s link today to discuss your goals in the housing market.

If you’re a single lady trying to buy your very first home, this need to be encouraging. The financial security and independence homeownership supplies can be life-altering., it is possible, even in today’s real estate market. Talk about what your goals are and why homeownership is so important to you. Homeownership is life-changing no matter who you are.