A Woman’s Place is in Her Own Home

“A Woman’s Place is in Her Own Home”

English: An icon from the Crystal icon theme. ...

English: An icon from the Crystal icon theme. Nederlands: Een icoontje van het Crystal icon thema (Photo credit: Wikipedia)

A lot has been said about first time homebuyers, but did you know that single women account for more than 20% of homebuyers and over 40% of first time home sales?  Women are a force to be reckoned with in the real estate market!  So what drives the female buyer?

Women, more than their male counterparts, see homeownership as a means to financial security.  Why pay rent to build someone else’s equity when they can build their own wealth?  Homeownership gives women tax benefits that renting can’t, and with interest rates at ridiculously low rates, women buyers believe buying a home gives them long-term stability, while they work and after they retire.

While men look at where they can relax in their new homes, women look at how the various parts of the house will make the family’s life better.  A well-functioning kitchen is the backbone of our home.  We want lots of useable storage space and modern amenities.  Many women buyers want new construction, and builders who cater to what women want and need, have done well, even in a down housing market.

Where do women buy? Condos offer an environment where women can maintain the interior, while someone else takes care of the grounds.  We like to live in urban areas where shopping, dining, and activities are easily accessible.  While our male counterparts are satisfied with 1 bedroom apartments, women buy 2 bedroom properties, maybe because we see them as a place our grown children can come home to visit.

Women usually spend less than men, partly because we traditionally earn less.  We’ll compromise on the size of the home to get the neighborhood that makes us feel comfortable and safe.

Women want an agent that’s accessible, with great communication skills, and the patience to look at as many properties as it takes to find the right one.  Like women doctors,  women agents can give the female buyer a commonality not always achieved with a male agent.

Related Reading:

Single Women Homebuyers  Online Community of Women Home Owners

What Women Homebuyers Want by Theresa Burney

Wanted Single Women Homebuyers by Alyssa Abkowitz

Single Women Are Homebuyers by DoItYourself Staff

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About Ruth Zeiss

As a Realtor servicing the state of Connecticut, I believe everyone deserves a boutique level of client care, regardless of the size of the moat around their castle. I believe that homeownership is the gateway to prosperity. Why build someone else’s equity when you can build your own wealth? If you’re a buyer, my goal is to find you a home you can not only afford to buy, but a home you can afford to keep. Are you selling your house? I will work with you to market and sell your property. Your ideas are always welcome because no on knows their house as well as you do. If you are a renter, you know how competitive the rental market is. I will help you find the best quality rental in your budget Is your credit scratched and dented? I will help you market yourself to the landlord so you can overcome those blemishes on your credit report & get the rental. Buying, selling, or leasing, I will protect your interests every step of the way from the initial negotiations, to inspections, appraisals, and finally the closing table. I care for my clients as if you are my own children. It’s not just my job, it’s the way I’ve always done business. Ruth Zeiss CT Real Estate License RES.0789147
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2 Responses to A Woman’s Place is in Her Own Home

  1. You’ve made some decent points there. I looked on the internet to find out more about the issue and found most people will go along with your views on this web site.

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