Single women may get back in the housing game

With higher salaries, women may be poised to re-enter the market

TRD MIAMI /
Dec.December 29, 2015 09:45 AM

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


Related Articles

arrow_forward_ios
An aerial of the Florida Keys (Credit: iStock)

More residents of the Keys compensate for high-priced housing with smaller rental spaces

Redfin to lower listing fee for home sellers to 1% in SoFla

Redfin to lower listing fee for home sellers to 1% in SoFla

Who provides the more accurate home valuation: Zillow or Redfin?

Who provides the more accurate home valuation: Zillow or Redfin?

(Credit: iStock)

Turning point? U.S. home sales slumped as listings surged in November, Redfin reports

Frequency of bidding wars declines nationwide: Redfin

Frequency of bidding wars declines nationwide: Redfin

(Credit: iStock)

Redfin: Online search activity among homebuyers is heaviest on weekdays

Sellers’ price-cutting trend could be good news for buyers

Sellers’ price-cutting trend could be good news for buyers

Earnings recap: Traditional brokerages chase profits while digital rivals see revenue soar

Earnings recap: Traditional brokerages chase profits while digital rivals see revenue soar

arrow_forward_ios