By 2015, more than two out of every five households occupied by people from the Y Generation will be WINKS - Women with Incomes and No Kids. According to PROSALES Magazine, the share of single female homebuyers increased from 14% in 1995 to 21% last year. In contrast, only 10% of homebuyers were single men, according to the National Association of Realtors®.
There are various reasons for this trend. First, the average age of a woman's first marriage has increased from 20 in 1970 to 25 in 2003, leaving more unmarried women in the population.
And according to the Joint Center for Housing Studies at Harvard University, fewer young adult women than men are choosing to live with their parents, thereby forming their own households.
RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?
Let us know what you think or add to our blog by writing a comment. Do you have a real estate question for the Real Estate Wizards? Email us at RealEstateWizard@DowellTaggart.com
Blog post written by the Dowell Taggart Team of RE/MAX Best Associates
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