More Single Women Buy Homes Than Ever Before - What Do Single Women Want?

·         More than one in five home buyers is a single woman.

·         Twice as many unmarried women are buying homes than single men.

·         Single women make up more than one-third of the growth in real estate ownership since 1994.

Top Three Reasons Unmarried / Single Women Buy a Home

1.    Strong desire to own her own home.

2.    Need more space or want smaller home.

3.    Relocate closer to job, school or family.

Real Women Who Buy Real Homes

Women home buyers come in all sizes, shapes and ages. They are divorced, never married, separated, widowed; some have children, others live with friends or partners and many live alone.

Trends for Single Women Home Buyers

·         3 out of 4 women spend less than $200,000.

·         Prefer 2 bedrooms or more.

·         Less likely to choose new construction.

·         Buy in city over suburban areas.

·         Will compromise size & cost to get other amenities.

·         Will not compromise on location or quality of neighborhood.

·         Prefer condominiums with well run homeowner association over single family homes.

·         Smaller spaces are acceptable.

·         Desire security and / or gated access.

·         Like to engage in social interaction with neighbors.

·         Want close proximity to stores, shopping and fitness centers.