Return of the Single Female Home Buyer

Source: Bloomberg

After the housing crisis, lenders made it harder to qualify for mortgages, and the percentage of single female buyers dropped from 21 percent of purchasers in 2009 to 15 percent this year. But it appears single women could be poised to make a comeback in the housing market. For instance, the majority of respondents to a prospective home buyer survey by real estate brokerage Redfin have been women. In addition, in many U.S. cities, the share of women earning more than $100,000 increased the most from 2012 to 2014. In urban areas, their incomes are rising faster than those of single men. Read the full story