Single Women Are Embracing Homeownership

Single Women Are Embracing Homeownership

In today's housing market, more and more single women are becoming homeowners. According to data from the National Association of Realtors (NAR), 19% of all homebuyers are single women, while only 10% are single men.

If you're a single woman trying to buy your first home, this should be encouraging. It means other people are making their dreams a reality – so you can too.

Why Homeownership Matters to So Many Women

For many single women, buying a home isn't just about having a place to live—it's also a smart way to invest for the future. Homes usually increase in value over time, so they’re a great way to build equity and overall net worth. Ksenia Potapov, Economist at First American, says:

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

The financial security and independence homeownership provides can be life-changing. And when you factor in the personal motivations behind buying a home, that impact becomes even clearer.

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

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

Work with a Trusted Real Estate Agent

If you’re a single woman looking to buy a home, it is possible, even in today’s housing market. You’ll just want to be sure you have a great real estate agent by your side.

Talk about what your goals are and why homeownership is so important to you. That way your agent can keep what’s critical for you up front as they guide you through the buying process. They’ll help you find the right home for your needs and advocate for you during negotiations. Together, you can make your dream of homeownership a reality.

Explore the empowering trend of single women taking charge of their space by stepping into homeownership. Learn about the unique challenges and opportunities they face in the market, and find key tips to make informed real estate decisions. Empower your home-buying journey with insights tailored for single women looking to own their dream home.

• Single women homeownership
• Women buying homes
• Home buying tips for women
• Real estate trends for single women
• Empowering female homeowners
• Financial advice for single women homeowners

Learn more:

• National Association of Women Home Owners - for resources and support for single women interested in homeownership.
• Financial Women's Association - for financial planning and advice tailored to the needs of women.
• Women's Real Estate Network - for community support, education, and networking opportunities for women in real estate.

Bottom Line

Homeownership is life-changing no matter who you are. Let's connect today to talk about your goals in the housing market.