Women Rule the Roost!
2009 National Association of REALTORS Report Show More Women are Buying
For most of us in real estate, the mortgage business (what is left of it!) and other financial services, this is not new news to us...as the numbers have been growing for the past ten years, and according to NAR, Boston Consulting Group, The Economist and
Newsweek Magazine there is no end in sight for this staggering phenomenon! Women are flocking to homeownership, and with this comes a trend for professionals to capitilize on during challenging times.
According to The National Association of REALTORS 2009 Buyers & Sellers Survey:
Single women, according to the National Association of Realtors' 2009 NAR Profile of Home Buyers and Sellers, are now the second largest group of home buyers in the U.S., making up 21 percent of all buyers and 25 percent of first-time home buyers this past year.
Single males make up only 10 percent of first time home buyers.
Single women homeowners are looking for less costly homes, however, as their media income is $47,900, compared with the average $53,700 annual income for single male home buyers. Most women buy a single family home, though the percentage of those who buy a townhome or condo are higher than for any other group. More single women buy an existing home than any other home-buying group in the U.S.
Whether you are a member of this growing trend looking to buy or sell real estate, or you are a professional looking to connect with independent thinking women as your niche market...visiting this site is a great way to start! Please feel free to comment or share your stories here, as we all learn from oner anothers' successes and failures!
No Comments About "Women Rule the Roost!"