Jessica Lautz of NAR highlights a significant shift in homeownership, revealing that the percentage of home buyers who are single women has increased from 11% in 1981 to 20% today. Meanwhile, the proportion of married couples has decreased. Factors contributing to this trend include the presence of children and financial habits, with single women often making sacrifices to afford homes, despite typically having lower incomes than their male counterparts. The median age of first-time buyers also varies between genders, further influencing homeownership patterns.
"In 1981, 73% of home buyers were married couples, compared to today’s 62%, with single women rising significantly from 11% to 20% of buyers."
"Single women outperform single men in purchasing homes partly because they are more likely to have children and are inclined towards multigenerational homes."
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