Why Single Women Are Buying Homes at Twice the Rate of Single Men
Skip the spouse, buy the house: Single women account for 17 percent of homebuyers in the U.S., vs. 7 percent of single men.
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By 2007, Michelle Jackson, a 30-something writer in Denver, held a master’s degree, had traveled the world, and was enjoying her social life as a single woman. She also felt the pull to purchase her own home, a rite of passage she thought was reserved for the coupled.
“I wanted to have my own place,” Jackson said. “A lot of people in my circle of friends were women purchasing their homes when they got married, but I still felt like I wanted to build my own wealth and buy. If and when I met someone, it’s something that just added to what I bring to the relationship. It didn’t make sense to wait.”