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10 Cities Where Women Are Buying Homes
Single women make up a bigger percentage of homebuyers in these cities compared with other U.S. locations.
This story originally appeared on SmartAsset.com.
A National Association of Realtors report shows that single females accounted for 18% of home purchases in 2019 (whereas single males made up only 9% of purchases in the same year). Within two age groups – 54-63 years old and 73-93 years old – single women represented a higher percentage of total homebuyers (25%).
In this study, SmartAsset took a closer look at where women were buying homes the most. Using 2019 data from the Consumer Financial Protection Bureau (CFPB), we compared the number of approved mortgages for women with the number of approved mortgages for all homebuyers in almost 400 U.S. metro areas. For details on our data sources and how we put all the information together to create our final rankings, read the Data and Methodology section at the end.
The 10 Hottest Cities in the U.S. for Second Homes
The 10 Hottest Cities in the U.S. for Second Homes
Second homes are helping drive the real estate market, and these are popular locations for workers who want to get away from it all.
This story originally appeared on SmartAsset.com.
While the coronavirus pandemic has impacted millions of Americans, with businesses shuttering and companies laying off employees, the secondary home market is seeing an unexpected surge. Remote workers are temporarily relocating from larger cities to less dense, more comfortable spaces.
The real estate brokerage firm Redfin reported that the demand for second homes jumped 100% in October 2020 when compared with the previous year. This outpaces the demand for primary homes, which only saw a 50% increase during that same period in their study. Keeping in mind that many remote workers are still looking for second homes, SmartAsset crunched the numbers to find out which secondary home markets are the mo
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A National Association of Realtors report shows that single females accounted for 18% of home purchases in 2019 (whereas single males made up only 9% of purchases in the same year). Within two age groups – 54-63 years old and 73-93 years old – single women represented a higher percentage of total home buyers (25%).
In this study, SmartAsset took a closer look at where those women were buying homes the most. Using 2019 data from the Consumer Financial Protection Bureau (CFPB), we compared the number of approved mortgages for women with the number of approved mortgages for all homebuyers in almost 400 U.S. metro areas. For details on our data sources and how we put all the information together to create our final rankings, read our the Data and Methodology section below.
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