Single women may get back in the housing game

With higher salaries, women may be poised to re-enter the market
December 29, 2015 09:45AM

116 New York Avenue in Flatbush (inset: Beyonce)

From the New York website: All the single ladies buying a house, put your hands up.

According to a survey by real estate brokerage Redfin, single women may soon make a comeback in the housing market. Redfin’s surveys found that a majority of prospective homebuyers are women, and that in at least 10 U.S. cities — sorry, Miami, Fort Lauderdale and Palm Beach,  you didn’t make the cut  the number of women making more than $100,000 a year has increased between 2012 and 2014, Bloomberg reported.

Before the 2008 housing crisis, single women bought more homes than single men. This changed, however, as lenders made it more difficult for buyers to qualify for mortgages.

Now, with an increase in wages and a drop in investors looking at the same properties, it may be the right time for single women to return to the market. [Bloomberg]Kathryn Brenzel