Single Women Are Buying Homes in Record Numbers
Sadly, still women earn considerably less than men; hence they tend to purchase lower-priced homes on average, but some of the home buying trends among single women, as noted by Joint Center for Housing Studies, may astonish you.
Some women buy their first home right after college. Others buy to be near their children. Recently, an unmarried woman, who was relocating from Atlanta to northern California, bought her home sight unseen. It was a sellers' market, homes were flying out of inventory and we couldn't wait for her to arrive in California. I found the house, and her daughter signed the purchase contract for her mother. The first time her mother saw the house was 30 minutes before her mother signed loan documents and closed escrow!
Here are stories of three other single women who bought their own homes . . . read more about single women and home buying.
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Comments
Everyone should use a referral service to find an agent in their area. You will be put in touch with the best agents in your area and get a rebate on the commission you pay.
It is rare that an agent rebates commission. But yes, a specialist in the area is extremely important. The agents I know who used to give away part of their commission to attract clients couldn’t afford to stay in business.