Women as Homeowners

Women as Homeowners

  • Dennis Hartley
  • 03/29/23

Homeownership Can Be Life-Changing for Women

Since at least 1981, single women have bought more homes than single men each year, and they make up 17% of all households.

The rise in women pursuing homeownership has not only made an impact on the housing market, it has offered financial and personal benefits to these owners.

It is reported that the average single woman’s wealth has increased 88% on an inflation-adjusted basis, and housing has remained the single largest component of their wealth. The financial security and independence that homeownership offers women can be life-changing.

Other than the dollars and cents, the National Association of Realtors (NAR) share the following non-tangibles as the top reasons single women become homeowners:

27% - Desire to own their own home

19% - Desire to be closer to loved ones

13% - Change in family situation

This mixed range of benefits clearly has a positive impact on the lives of these homeowners and those with whom they share their lives.


Photo by Inspa Makers on Unsplash

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With over three decades of experience as a top ranked agent, he has the answer to any real estate question. He has helped nearly 1000 families buy or sell real estate. His emphasis on customer service has resulted in numerous sales awards and many satisfied clients.