Investor profiles are very different from the days of old. One of the fastest growing buyer profiles are, not surprisingly, single women.
According to the National Association of Realtor’s 2013 Profile of Home Buyers and Sellers, Single Women represented 16% of the population of recent home buyers, compared to 9% that were single males. Let’s see how else they topped their male counterparts:
Single Women Represented
- 16% of First Time Home Buyers (11% - Single Men)
- 15% of Repeat Home Buyers (8% - Single Men)
- 56% of Homeowners that Live Alone (47% - Single Men)
- 25% of Homeowners that spend over half their income on housing (10% - Single Men)
This shouldn’t come as a shock to anyone. The number of women in Manager, C-Level and Entrepreneur positions continues to increase year-over-year. It seems as though their investment savvy is following suit.