Single Women Make Up 2nd Largest Home Buying Group

Single Women Make Up 2nd Largest Home Buying Group

mcovalue.comWhether they are young, single and no longer want to rent, or newly divorced, the amount of single women becoming homeowners greatly outnumbers single males (11%). A survey of recent home buyers revealed some interesting trends about this rapidly growing group: Average Age: 32 years old Average Income: $49,400 Single women are more likely to become preapproved for a mortgage in order to know their budget at the beginning of the home buying process and to be able to make a move if they find their dream home. Many female homebuyers think long-term when considering buying a home, often considering what amenities they may need in the near future. 


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Image courtesy Keeping Current Matters


Lance Whipple PA Headshot
Author:
Phone: 407-494-6030
Dated: June 8th 2016
Views: 448
About Lance: Lance is a Retired Air Force Officer and skip-generation real estate agent -- his grandparents ran a...

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