Monday Market Update: 5 Facts About Women Homebuyers

March is Women’s History Month, and new data has been released that shows how women are making history in housing today! Ever since 1981, the National Association of Realtors (NAR)® started releasing the Profile of Home Buyers and Sellers and one finding has been consistent: single women have outpaced single men in terms of homeownership every year since then. 

Here are 5 more facts about women & housing that just might surprise you, inspire you or both! 

#1: Women could not legally obtain a mortgage without a cosigner until 1974. 

#2: In the first NAR® Profile of Home Buyers and Sellers Report in 1981, 11% of home buyers were single women and 10% were single men (73% were married couples). 

#3: According to the most recent NAR® Profile of Home Buyers and Sellers Report today, 20% of home buyers are single women, 8% are single men (63% are married couples). 

#4: Women still have lower household incomes then men – yet are surpassing all odds as their home ownership rates continue to rise despite an increasingly unaffordable market. 

#5: Among first-time buyers, 24% are single women while 11% are single men and 50% are married couples.

BONUS Fact: Among single women buyers, 16% have children under 18 living in the home and 14% cite having a multi-generational home (these rates are both higher for single women than men). 



To read more about women & home ownership, please check out these reads from NAR®: Just the Facts, Ma'am: Single Women Home Buyers Since 1981, Highlights From the Profile of Home Buyers and Sellers

Have a great week!

Bobbi

Bobbi Decker
DRE#00607999

Broker Associate, Bobbi Decker & Associates
650.346.5352 cell
650.577.3127 efax
www.bobbidecker.com
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Bobbi Decker & Associates fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: http://portal.hud.gov/