Single Women Outearning Men in Home Buying
Durham News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Single women are now outearning single men in home purchases, a trend that has been growing since the 1980s. Despite higher home prices, they make up 25% of first-time buyers, double that of men. Experts attribute this to women prioritizing homeownership, often with family in mind, and having more work experience and savings. Black single women are particularly driving this trend, making up nearly 40% of Black buyers. This shift is reshaping the market, with lenders and agents needing to adapt to this growing demographic.
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