Episode 73, Part 1: The New Market of Single Female Homebuyers
John Schutze welcomes guest host Juli Williams, of Keller Williams Realty, to discuss the fast-growing market of single female homebuyers.
Single women now outnumber single men when it comes to buying homes right now - according to the National Association of Realtors, single women now make up 17% of total purchases, while single men only make up 7%.
"And that's in spite of the fact that the income of single women that are buying is actually lower than the single men that are buying," Juli says.
"To my age group (people 50 and up), buying a home is what you did when you got married. But I think that more and more women are seeing that it's something they can have before they get married, or that they can do it on their own, which is very empowering. Buying a home yourself comes with a sense of independence and being able to take care of yourself," she adds.
"For example, the average first-time homebuyer is about 32 years old, but I have a 25-year-old daughter and she is starting to think about purchasing a home already. I told her that because she's had roommates for a year, if she bought the house and charged them rent, they would be helping her pay the mortgage!"
If you're thinking about purchasing a home anytime soon, the first thing you should do is call a lender to get pre-qualified! If you'd like to contact John Schutze, just email him at firstname.lastname@example.org or give our office a call at (512) 524-8310.
If you are ready to start looking for your dream home, give Juli Williams a call at (512) 470-3298.