New data shows that single women are winning in the housing market. That’s an impressive discovery, but what’s driving this trend?
Here’s Five Fast Facts About Single Women in the Housing Market:
- 👩 Interesting Fact - A recent survey shows that single women across the U.S. own 10.95 million homes, while single men only own 8.24 million. That’s a difference of 2.71 million. Experts chalk it up to women seeing a home as a better investment early on in life.
- 📈 These people love it - The data further expands to show that single women own an average of 12.93% owner-occupied homes in the country.
- 👵 Here’s how much it impacts your paycheck - The term “single women” may be misleading, because it may bring to mind Millennials and Zoomers. It also applies to women 65 and older, a demographic where 70% of single women own their own home. In other words, widows are leading the charge.
- 🏠 This is why some are not excited - The state with the highest rate of single women homeowners is Delaware, with 15.34%. Wayne and Garth still don’t want to visit.
- 🇺🇸🙂What does this look like moving forward? - Alaska and both Dakotas are the only states where single men own a larger share.
🔥Bottom line: That Zoomer who won’t shut up about how crypto is a wise investment is clearly wrong and one of the reasons (along with death and divorce) why single women are dominating part of the housing market. Who would have thought that pay disparity would lead to this?
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