More Single Women Buying Homes
Single professional women are starting to really get into the financial game. Banks.com points out that:
With personal finance and investing classes and workshops for women becoming more available (and popular), it is no surprise that single, professional women are taking the plunge into home ownership.
While single women buying homes is on the rise, married couples buying homes is heading down, according to Hawaii Business magazine:
Married couples still comprise the largest percentage of homebuyers, but that percentage is shrinking. According to the National Association of Realtors, married couples comprised 60 percent of purchasers in 2006, compared to 70 percent in 1995. The percentage of single men who have purchased homes has remained stable at 9 percent. By comparison, single women comprised 22 percent of U.S. home purchases in 2006, up from 14 percent.
So, what are the advantages of buying a home? Well, you get a place to call your own, there are tax advantages, and you can build equity and get something back.
Tags: build-equity, buying-homes, finances-for-women, Personal Finance, personal finance blog, single-women-buying-homesRelated Stories
POSTED IN: Mortgage and Loans, Trends
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