Single women comprise 1/5 of homebuyers

Jul.July 12, 2011 01:42 PM

Real estate brokers across the country accustomed to touting a home’s family-friendliness may need to pick up some new tricks. According to MSNBC, 32 percent of homebuyers are single, and 20 percent of all homebuyers are single women. Taking advantage of low interest rates and slowly loosening lending standards, single women are buying to relocate closer to a job or family, to get more space, or because they have “a strong desire to nest,” the Joint Center for Housing Studies said. Jan Gray, a Northern California real estate agent, said women are among her savviest clients. “When women shop for a home with a man, I always see them deferring to him: his need for a garage, or a work space, or a man cave,” she said. “When women buy for themselves, they are excited about turning this place into something that reflects them and who they are — they know they could even paint the bathroom pink if they wanted to!” [MSNBC]

Related Articles

Zillow CEO Rich Barton (Credit: iStock)

Zillow Offers launches in South Florida

(Credit: iStock)

Rough quarter: Resi sales fall in Broward, increase slightly in Miami-Dade

Miami skyline (Credit: iStock)

Bringing some sunshine to South Florida’s opaque resi report outlook

June residential sales plummet (Credit: iStock)

Resi sales plummet across South Florida’s three counties in June

South Florida skyline (Credit: iStock)

South Florida resi markets reported choppy sales in Q2: Elliman

The Miami skyline (Credit: iStock)

South Florida home sales rise in May as price growth slows

Coco Amar

May home sales rise almost 10% in Naples amid eastward market shift

Brenda Fioretti, managing broker at Berkshire Hathaway HomeServices Florida Realty (Credit: LinkedIn)

April sales of Naples-area houses and condos rose 12.8% as median price fell