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Single Women Lead the Way in Real Estate Investments

[fa icon="calendar"] Nov 5, 2018 11:00:00 AM / by Eustis Mortgage

Eustis Mortgage

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 Although women are still fighting their way to the top of corporate America with making up 47 percent of the workforce and only 4% of them holding CEO positions, it’s not stopping them from achieving their goals. Females earn 81.3 percent of what males earned in 2017, and they see opportunity in real estate investing.

 

Over the past few years twice as many home buyers have been single women over single men. Don’t take it from us, check out our source: National Association of Realtors’ 2017 Profile of Home Buyers and Sellers.  It states 65 percent of recent buyers were married couples, 18 percent were single females, 7 percent were single males, and 8 percent were unmarried couples.

 

Women continue to make efforts in closing the gender wage gap.  As their salaries rise, they are investing wisely by finding it makes more sense financially to buy a home that will gain value over time rather than rent. Rent is at an all-time high in today’s market.   As for younger women, once they have found stability in their current occupations, they’re looking to put down roots and grow. On the other hand, there are still a handful of retired women who are either divorced or widowed looking to downsize their living arrangements.

 

Women are a force in today’s market, watch out world!

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