Females Are Making It a Priority to Invest in Real Estate!

Dated: 11/20/2018

Views: 140

Everyone wants a place to call home; a place that gives them a sense of security. We are currently seeing major interest from females who want to achieve this dream, and the numbers are proving it!

In 2018, for the second year in a row, single female buyers accounted for 18% of all buyers. In 2017, 60% of millennial women listed as the primary borrowers on mortgages were single.


According to the 2018 Home Buyer and Seller Generational Trends Report by the National Association of Realtors, one in five homebuyers in the U.S. were single females (most of them part of the baby boomer generation) as you can see in the graph below:
Females Are Making It a Priority to Invest in Real Estate! | MyKCM
This does not come as a surprise since 50.8% of the U.S. population is female and 15.6% of them are 65 years and over, according to the Census Bureau.


What are the reasons for this demographic’s booming interest in homeownership?

Bankrate published an article with what they believe to be some of the reasons:

  • Divorce rate: Known as the “Gray Divorce,” the divorce rate has doubled for those ages 50 and over and tripled for those ages 65 and over.
  • Average life expectancy: For women it’s 81, four years longer than men.
  • To build home equity: Women want to build equity through their home. As mentioned by Bankrate, “some are hoping to escape rising rents, some might be downsizing or looking for a new start,” especially those going through a gray divorce.

Are they only downsizing and buying small homes?

Not really; The Institute of Luxury Home Marketing recently stated that:

The number of female billionaires grew faster globally in 2017 than the number of male billionaires. This redistribution of wealth has seen an impact on luxury real estate both in its purchase and design attributes – and obviously, this is important for realtors to recognize when relating to their clients.”

Bottom Line

Whether you are a millennial who wants to buy a starter home, a billionaire looking for that luxury home you’ve always wanted, or maybe even someone who just went through a gray divorce, let’s get together to help you create your real estate portfolio so that you can start investing your money in real estate today!

Blog author image

Curtis Johnson

Curtis is a Best Selling Author, the Founder and CEO of The Curtis Johnson Team Powered By eXp Realty, where he runs a dynamic Real Estate Team having sold 5,000 residential homes. The Wall Street Jou....

Latest Blog Posts

More Insight on Our Economic Recovery

More Insight on Our Economic RecoveryAs we continue to work through the health crisis that plagues this country, more and more conversations are turning to economic recovery. While we look for signs

Read More

Our Nation's Homeownership Rate Rises to Highest Point in 8 Years

Our Nation's Homeownership Rate Rises to Highest Point in 8 YearsFor nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole

Read More

The Housing Market Is a Powerful Economic Driver. Here's Why:

The Housing Market Is a Powerful Economic Driver. Here's Why:With businesses starting to slowly open back up again in some parts of the country, it’s important to understand how housing can

Read More

Is it Smart to Buy a Home Now? Simply Put: Yes.

Is it Smart to Buy a Home Now? Simply Put: Yes.Through all the volatility in the economy right now, some have put their search for a home on hold, yet others have not. According to ShowingTime,

Read More